Turns out big banks fear AI.
And JP Morgan isn't the only bank with a stance on ChatGPT. Prominent investment bank Morgan Stanley has also mulled over its capabilities and shortcomings.
"When we talk of high-accuracy task, it is worth mentioning that ChatGPT sometimes hallucinates and can generate answers that are seemingly convincing, but are actually wrong," Morgan Stanley analysts wrote in a note on Wednesday,However, unlike JP Morgan, the Stanley Morgan analysts may see some potential for the use of ChatGPT and other generative AI in a workplace — with some caveats, of course.
"At this stage, the best practice is for highly educated users to spot the mistakes and use Generative AI applications as an augmentation to existing labor rather than substitution," they wrote.ChatGPT exploded into the limelight after its public release at the end of November, becoming what's believed to be theSince it's free, seemingly anyone and everyone has given a shot at shooting the breeze with the bot and others like it.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AI and ChatGPT are opportunities to rethink and redefine writing and learningYou may have recently seen dire pronouncements about the end of education, thanks to a new artificial intelligence tool called ChatGPT. Also known as...
Read more »
Here’s What Happens When You Train An AI On Pauly Shore Movies2dumb2destroy is a ChatGPT bot trained to be a doofus — and it’s fantastic.
Read more »
Microsoft trains ChatGPT to control robotsIts designs enable humans to directly interact with robots using the language model.
Read more »
Warning! Microsoft Wants ChatGPT to Control Robots NextA new paper details how we might command robots using simple language. Sounds fun... until they start commanding themselves.
Read more »
Don't fall for it -- ChatGPT malware is running rampant | Digital TrendsSince OpenAI made its ChatGPT Plus tier available, the internet has exploded with chatbot alternatives inundated with malware and phishing scams.
Read more »