The chatbot and the quant: GPT shakes finance education
With smarter large language models, quant grads risk turning into AI-assisted slackers, writes Gordon Lee
The views and opinions expressed in this article are the author’s, and do not reflect the views or positions of BNY Mellon.
This year, in an experiment not unlike the chess challenge between grandmaster Garry Kasparov and IBM’s Deep Blue, I agreed to take a prestigious university’s final-year maths exam question on financial models alongside an AI rival: GPT-4, the latest iteration of generative pre-trained transformers.
The question was an optimal control problem based on the Bellman – or
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