A study conducted by the Booth School of Business at the University of Chicago found OpenAI’s GPT-4 more proficient than humans in financial analysis and forecasting, even without industry-specific information. What Happened: The study which was made public last week, revealed that GPT-4, a large language model, excelled in analyzing financial statements and predicting future earnings, reported Business Insider. “Even without any narrative or industry-specific information, the LLM outperforms financial analysts in its ability to predict earnings changes,” the study said. “The LLM exhibits a re…
