ChatGPT is better at predicting how stocks will react to news headlines than traditional models, new study shows
published Monday in the Social Science Research Network by two University of Florida finance professors.
The study also found that ChatGPT outperformed other"traditional sentiment analysis methods" that also use data from headlines and social media to forecast stock movements — although the researchers admit they did not test every single one of these methods in this study. They added:"Our results suggest that incorporating advanced language models into the investment decision-making process can yield more accurate predictions and enhance the performance of quantitative trading strategies."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Innovative Eyewear stock soars on heavy volume after unveiling app that enables ChatGPT interfaceShares of Innovative Eyewear Inc. blasted 115.8% higher in active premarket trading Tuesday, after the seller of smart eyewear launched a new Lucyd app that...
Baca lebih lajut »
Using ChatGPT to Code an Entire Portfolio Website | HackerNoonUsing ChatGPT to create a custom portfolio website in record time! I discuss ChatGPT's strengths, weaknesses, and tip and tricks to use while coding. - chatgpt ai
Baca lebih lajut »
ChatGPT falsely accuses Jonathan Turley of sexual harassment, concocts fake WaPo story to support allegationFox News contributor Jonathan Turley emphasized the disinformation dangers with AI after ChatGPT falsely accused him of sexual harassment and fabricated a fake story to support the claim.
Baca lebih lajut »
Alibaba to roll out its rival to ChatGPT across all its productsAlibaba Cloud, the cloud computing unit of Chinese tech giant, announced it will be rolling out its own ChatGPT-style product Tongyi Qianwen in 'the near future.'
Baca lebih lajut »
Biden Administration Weighs Possible Rules for AI Tools Like ChatGPTShould AI tools such as ChatGPT go through a certification process before release? The Biden administration has begun weighing rules as fears grow over the potential use of AI to commit crimes and spread harmful information.
Baca lebih lajut »
Meet Tongyi Qianwen, Alibaba’s chatbot rival to ChatGPTAlibaba announced on Tuesday that it will roll out its own AI chatbot called Tongyi Qianwen across its messaging channels.
Baca lebih lajut »