Analysts at JPMorgan Chase & Co. have used a ChatGPT-based artificial intelligence (AI) model to analyze statements and speeches from the U.S. Federal Reserve in the past 25 years to determine the nature of policy signals. The outlook of the Federal Reserve has been rated on a scale that the financial services company is referring to as Hawk-Dove Score, Bloomberg reported.
Since the launch of OpenAI’s language model GPT 3 and the subsequent chatbot ChatGPT, businesses have invested in exploring other uses of AI technology. Interesting Engineering reported earlier this month how Bloomberg was also developing its own AI model for the financial markets, dubbed BloombergGPT.
Source: interestingengineering.com
