Can ChatGPT Describe Company Performance Better than… the Company?
The Pie: An Economics Podcast
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The Bloat Measure
The GPT algorithm is optimized for providing summaries. So basically we take the length of the summary compared to the original document. And we find that basically the reduction in the length is pretty powerful in terms of explaining like information symmetry and so on the market. But yeah, that's why we love the measure. It's so intuitive, easy to implement.
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