OpenAI’s GPT-4 outperforms professional analysts in predicting future earning trends

What you need to know

  • A new research study shows OpenAI’s GPT-4 model is better at predicting future earning trends than professional financial analysts or state-of-the-art AI models trained to handle such tasks.
  • The researchers indicate that GPT-4 didn’t have access to qualitative data during the study.
  • The study attributes GPT-4’s performance to its economic reasoning capabilities and an in-depth analysis of economic trends and ratios.

Generative AI is quickly gaining traction worldwide. Microsoft’s latest Work Trend Index report indicates that top executives won’t hire anyone without an AI aptitude, prompting “a 142x increase in LinkedIn members adding AI skills like Copilot and ChatGPT to their profiles.”

Likewise, Elon Musk admits that we’re on the verge of the biggest technology revolution with AI, but we risk technology taking over our jobs and eventually ending humanity. While there’s a 99.9% chance the latter will happen according to p(doom), it remains unclear if the technology will claim our jobs.

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