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OpenAI targets work of Wall Street junior bankers with new ChatGPT for Financial Services (www.cnbc.com)
submitted 2 months ago by to c/technology@lemmy.world
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[–] 4 points 2 months ago (1 child)

I'm fine with this. The world has enough greedy assholes.

Even if ai turns out to be a greedy asshole also, it won't take much GPU power to run one. How hard is it to program a computer to say stupid shit like "I want a Porsche!" Or "your finest steak!".

Do politicians next.

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  • [–] 2 points 2 months ago

    Honestly, this could be a great equaliser.

    Home grown AI models have been shown to be extremely good at market analysis and predictions, some managing quite nice gains by daytrading small amounts and micro transactions - gains that previously were reserved to the coke-moustached shark investors and savvy finance geeks.

    If hosted models can bring results even just half as good as those, to the average people, that will be a make and break point for the finance fuckers. Because why would you go to an investment firm who offers maybe 40-50% gains YoY while taking 15-20% of the profits, when you can pay £20 for Claude or ChatGPT and have 300-500% returns on your base investment every month?

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