ChatGPT Can Predict Stock Market: Study

  • ChatGPT has displayed an ability to anticipate stock market moves based on corporate news and is capable of understanding Federal Reserve statements, according to a pair of studies.
  • The first study, conducted at the Richmond Fed, found that ChatGPT-4 is capable of sorting statements from the Fed into five categories in a manner that aligns closely with human readers, Business Insider reported.
  • Researchers tasked the AI chatbot with classifying Fed statements as dovish, mostly dovish, neutral, mostly hawkish or hawkish.
Click to read full article

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.