The world of investing has seen major changes in recent years, driven by advances in technology. Automated trading and algorithmic investing have become increasingly popular, and the emergence of artificial intelligence has enabled investors to use powerful new tools to make smarter decisions. One of the most talked–about AI applications in the investing world is GPT–3, a natural language processing system developed by OpenAI.
GPT–3 is a powerful machine learning system that can generate human–like text based on inputs provided by the user. GPT–3 can be used to generate reports, analyze data, and make predictions about future market conditions. For investors, this means that they can use GPT–3 to automatically generate investment strategies and reports, freeing up their time to focus on other important tasks.
Experiment 1: Artificial Creativity
It’s the Christmas season, and we’re in a festive mood. Since it’s been a tough year for the markets, we thought to bring some holiday cheer with an investing-themed Christmas carol. While songwriting may come naturally to some people, it might take us all day to write even two rhyming verses.
Let’s see how AI performs: