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Stefan Jansen on How to Use ChatGPT and AI in Finance

Macro Hive Conversations With Bilal Hafeez

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The Basics of Neural Networks

In a way, and neural networks are all nested functions. A vanilla baseline sort of densely connected neural network is literally multiple or many logistic regressions connected to each other. So the data flows from one node or neuron over this edge to a new node. The important part is that they transform whatever they get as input in a nonlinear fashion into some output value.

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