ChatGPT

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#21
Hence, "potentially". 

How OpenAI respond to these leaks, privacy/data mismanagement etc. over the course of the next few weeks will be critical, in determining the attitude of the governments, organizations, and the general public, towards ChatGPT/OpenAI.

Even given all the privacy scandals, we have never feared that our Google searches, Gmail, or information stored on Google Cloud, would be leaked to the public. 

This is potentially devastating to OpenAI.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
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#22
This is my conversation with ChatGPT 3.5 on the benefits of LLMs on self-learning and education in general.

Prompt:
If learning is simply memorization and memory recall, then it scales linearly with the amount of content you are trying to memorize. However, if learning is mastering concepts, insights etc. Then it might not scale linearly with the amount of concepts to master, but how students comprehend these concepts and apply them. It will become a non-linear problem. And assess to teachers, resources, tools, and education background of the student will play a larger factor, then simply time on the subject.


ChatGPT
You are absolutely correct. Learning involves more than just memorization and recall of information. It also involves understanding concepts, building connections between different pieces of information, and applying that knowledge in different contexts. Therefore, the scalability of learning is not solely dependent on the amount of content being studied. It also depends on the depth of comprehension and ability to apply that knowledge.

Furthermore, the learning process can indeed become a non-linear problem when students are required to comprehend more complex or abstract concepts. In such cases, the ability to learn effectively is not simply a matter of time spent studying, but also the quality of the resources, tools, and support available to the learner.

Access to teachers, educational resources, and tools can have a significant impact on a student's ability to learn and comprehend concepts. Additionally, factors such as the student's educational background, personal circumstances, and motivation can also play a significant role in their learning outcomes. Therefore, the scalability of learning is not solely dependent on the amount of time spent on the subject, but also on a variety of other factors that impact the student's ability to master the material.

Prompt:
Therefore, ChatGPT and similar LLMs, which could act as a personal tutor, has the potential to 10x learning efficiency of some students, whose main learning limiting factor is conceptual roadblocks. Google and the internet has democratized information; ChatGPT and similar LLMs have the potential to democratize knowledge. Is there any problem with this line of reasoning?

ChatGPT
Your line of reasoning is sound and valid. ChatGPT and other LLMs have the potential to democratize knowledge by providing personalized learning experiences and access to vast amounts of information. They can act as personal tutors and assist learners in overcoming conceptual roadblocks and comprehending complex concepts.

However, it is important to note that access to technology and resources can vary depending on socioeconomic status and geographical location. Therefore, while ChatGPT and similar LLMs have the potential to democratize knowledge, there may still be barriers to access for some students.

Additionally, while ChatGPT and LLMs can provide valuable support and guidance, they are not a substitute for human teachers and mentors. There are certain aspects of education that require human interaction and personalized attention, which LLMs cannot provide. Therefore, it is important to view ChatGPT and similar LLMs as complementary tools rather than replacements for human educators.

Overall, your reasoning is valid, but it is important to be mindful of the potential limitations and consider the role of human interaction in education.

Prompt:
But human educators do not scale as easily (both cost and logistically) as LLMs and specifically ChatGPT. ChatGPT and similar LLMs is a new paradigm.

ChatGPT:
You are correct that ChatGPT and similar LLMs have the potential to scale more easily than human educators in terms of cost and logistics. As an AI language model, I can provide personalized responses and explanations to an unlimited number of users simultaneously, without the constraints of time and geography. This can make ChatGPT and similar LLMs a more accessible and cost-effective option for learners in a variety of settings.

However, while ChatGPT and LLMs can provide valuable support and guidance, they may not be able to fully replace human educators in certain aspects of education. For example, human educators can provide mentorship, emotional support, and personalized attention that is not possible for an AI language model.

Ultimately, the role of ChatGPT and similar LLMs in education is still evolving and their impact on the education landscape is yet to be fully understood. While they have the potential to revolutionize education and democratize knowledge, it is important to approach their use with a critical and thoughtful mindset, and to consider their limitations and the role of human educators in the learning process.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
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#23
(02-04-2023, 06:16 PM)EnSabahNur Wrote: Do you have examples of these "biases in its programming" or "current search filters and safeguards lean Left"?

So I tested this recently, and I find it fascinating. Probably unnecessary to post here.

According to ChatGPT, Race and Gender are "social constructs". The former is rather new to me, so I asked ChatGPT if I'm able to identify as Black American if I'm born Chinese and brought up in a Black neighborhood, and it says it's technically possible.

I wonder which side of the political spectrum did it got that idea.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
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#24
Artificial intelligence has become an indispensable tool in various industries, and the world of investing is no exception. As ChatGPT, a state-of-the-art AI language model by OpenAI, continues to gain traction, its potential to transform the investment landscape becomes increasingly evident. This short report will highlight some of the ways ChatGPT can benefit the future of investing.

Enhanced Data Analysis:
ChatGPT's ability to process and analyze vast amounts of data quickly and accurately can help investors identify trends and make informed decisions. By sifting through historical data, news articles, and financial reports, ChatGPT can provide valuable insights, saving investors time and effort.

Improved Risk Management:
ChatGPT can evaluate the risks associated with different investment options by analyzing factors such as market volatility, geopolitical developments, and company performance. This information allows investors to make more educated decisions, minimizing potential losses and optimizing their portfolios.

Personalized Investment Advice:
ChatGPT can offer tailored investment advice based on an individual's risk tolerance, financial goals, and investment horizon. By taking into account these personal preferences, the AI model can create customized investment strategies that cater to the unique needs of each investor.

Efficient Market Monitoring:
Keeping track of market developments is crucial for investors. ChatGPT can monitor news sources, social media, and other platforms to identify market-moving events and provide real-time updates. This enables investors to respond quickly to market fluctuations and capitalize on emerging opportunities.
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#25
Subscriptions/paywalls are essential to "block" the access to free information by AI scripts to compile/repackage information datas and filters them to be sold as "market intelligence"... Big Grin
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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#26
Quant funds and Robo Investing packaged differently?


(09-04-2023, 11:12 PM)propwise55 Wrote: Artificial intelligence has become an indispensable tool in various industries, and the world of investing is no exception. As ChatGPT, a state-of-the-art AI language model by OpenAI, continues to gain traction, its potential to transform the investment landscape becomes increasingly evident. This short report will highlight some of the ways ChatGPT can benefit the future of investing.

Enhanced Data Analysis:
ChatGPT's ability to process and analyze vast amounts of data quickly and accurately can help investors identify trends and make informed decisions. By sifting through historical data, news articles, and financial reports, ChatGPT can provide valuable insights, saving investors time and effort.

Improved Risk Management:
ChatGPT can evaluate the risks associated with different investment options by analyzing factors such as market volatility, geopolitical developments, and company performance. This information allows investors to make more educated decisions, minimizing potential losses and optimizing their portfolios.

Personalized Investment Advice:
ChatGPT can offer tailored investment advice based on an individual's risk tolerance, financial goals, and investment horizon. By taking into account these personal preferences, the AI model can create customized investment strategies that cater to the unique needs of each investor.

Efficient Market Monitoring:
Keeping track of market developments is crucial for investors. ChatGPT can monitor news sources, social media, and other platforms to identify market-moving events and provide real-time updates. This enables investors to respond quickly to market fluctuations and capitalize on emerging opportunities.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
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#27
(09-04-2023, 11:12 PM)propwise55 Wrote: Artificial intelligence has become an indispensable tool in various industries, and the world of investing is no exception. As ChatGPT, a state-of-the-art AI language model by OpenAI, continues to gain traction, its potential to transform the investment landscape becomes increasingly evident. This short report will highlight some of the ways ChatGPT can benefit the future of investing.

Enhanced Data Analysis:
ChatGPT's ability to process and analyze vast amounts of data quickly and accurately can help investors identify trends and make informed decisions. By sifting through historical data, news articles, and financial reports, ChatGPT can provide valuable insights, saving investors time and effort.

Improved Risk Management:
ChatGPT can evaluate the risks associated with different investment options by analyzing factors such as market volatility, geopolitical developments, and company performance. This information allows investors to make more educated decisions, minimizing potential losses and optimizing their portfolios.

Personalized Investment Advice:
ChatGPT can offer tailored investment advice based on an individual's risk tolerance, financial goals, and investment horizon. By taking into account these personal preferences, the AI model can create customized investment strategies that cater to the unique needs of each investor.

Efficient Market Monitoring:
Keeping track of market developments is crucial for investors. ChatGPT can monitor news sources, social media, and other platforms to identify market-moving events and provide real-time updates. This enables investors to respond quickly to market fluctuations and capitalize on emerging opportunities.

hi propwise55,

I get very similar template/replies when I ask ChatGPT about this. Therefore, I have good reason to suspect that your post is copied wholesale from ChatGPT.

Please take note of VB.com rules on ChatGPT:
https://www.valuebuddies.com/thread-1844...#pid167932

Moderator
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#28
https://Perplexity.Ai is good. It's basically ChatGPT + Google (i.e. with updated sources for every search query). 

No sign-in required.

Here is an article breakdown:
AI-powered search engine Perplexity AI lands $26M, launches iOS app
https://techcrunch.com/2023/04/04/ai-pow...s-ios-app/

Google Trends indicated similar update trends to ChatGPT (at a smaller scale). In contrast, search Trends in "Bing + Chat*" has already leveled off.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
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#29
(10-04-2023, 03:35 PM)weijian Wrote: hi propwise55,

I get very similar template/replies when I ask ChatGPT about this. Therefore, I have good reason to suspect that your post is copied wholesale from ChatGPT.

Please take note of VB.com rules on ChatGPT:
https://www.valuebuddies.com/thread-1844...#pid167932

Moderator

Some text may appear AI generated when it is written in a too formally, but could still be human written.

An objective method of determination (especially for ChatGPT specifically) can be to use a tool like this: https://platform.openai.com/ai-text-classifier

Copied propwise55's text and this is the results: "The classifier considers the text to be unclear if it is AI-generated."
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
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#30
https://www.cnbc.com/2023/04/13/bloomber...minal.html

Bloomberg LP has developed an AI model using the same underlying technology as OpenAI’s GPT, and plans to integrate it into features delivered through its terminal software.

The financial information giant says Bloomberg GPT, its internal AI model, can more accurately answer questions like “CEO of Citigroup Inc?”, assess whether headlines are bearish or bullish for investors, and even write headlines based on short blurbs.

The move shows how software developers in many industries beyond Silicon Valley see state-of-the-art AI like GPT as a technical advancement allowing them to automate tasks that used to require a human.
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