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Closing Bell Overtime: Black Friday Edition 11/24/23

Closing Bell

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The Impact of OpenAI Drama on GPT Foundational Models and Financial Institutions

In this chapter, the co-founder and CEO of Togl AI discusses their partnership with Microsoft and OpenAI, and how recent events at OpenAI have affected their work with GPT foundational models. They emphasize the importance of waiting for evidence, moving slowly, and experimenting, while also addressing ethical and regulatory considerations. The chapter explores the potential of AI to replace analysis and activities in the financial market, raising concerns about job elimination, control, and market risks.

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