Bid-offer price and ChatGPT: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create page. Sources: Linked pages, Wikiepedia - https://en.wikipedia.org/wiki/ChatGPT, ACT - https://www.treasurers.org/hub/treasurer-magazine/chatgpt-coming-treasurers)
 
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Bid offer prices (or bid-ask prices) are quoted by market makers simultaneously as the prices at which they will deal with the market either to buy or to sell.
''Information technology - software - natural language processing - artificial intelligence - chatbots.''


Spread means the difference between the bid price and the offer price. The greater the spread, the greater the market maker’s compensation for their work and risk in making the two way price; and the greater the all-in transaction cost for the price taker.
ChatGPT is a powerful versatile chatbot, first released in November 2022 by its developer OpenAI.  One of OpenAI's investors is Microsoft.
 
GPT means generative pre-trained transformer model.
 
 
:<span style="color:#4B0082">'''''Is ChatGPT coming for the treasurers?'''''</span>
 
:"It's undoubtedly the world’s most talked about technology right now, and its ability to ace exams, write screenplays, and even argue in court, has professionals from all walks fearing for their jobs.
 
:As with many innovations, the rise of ChatGPT, the popular artificial intelligence (AI)-powered chatbot created by San Francisco-based research lab OpenAI, has sparked widespread concerns it could replace humans with its speed, accuracy and reliability...
 
:[According to treasury and technology expert Rahul Daswani FCT] 'What will mostly likely happen in the short term is that you’ll be able to [set up] your treasury operating system and your own enterprise resource planning (ERP) system in a manner where you could have an AI application that provides template-based answers,' he explained.
 
:'Then a human would have to [apply] some degree of judgement [and] analysis before it’s published.'”
 
:''ACT Middle East technology conference - March 2023 - Megha Merani.''




== See also ==
== See also ==
* [[Ask price]]
* [[Artificial intelligence]] (AI)
* [[Bid rate]]
* [[Bot]]
* [[Bid-offer spread]]
* [[Chatbot]]
* [[Market maker]]
* [[Generative pre-trained transformer]]  (GPT)
* [[Mid market price]]
* [[Information technology]]
* [[Two way price]]
* [[Natural language]]
* [[Natural language processing]]
* [[Robotics]]
*[[Software]]
* [[Software robot]]
 
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Technology]]

Revision as of 19:50, 8 April 2023

Information technology - software - natural language processing - artificial intelligence - chatbots.

ChatGPT is a powerful versatile chatbot, first released in November 2022 by its developer OpenAI. One of OpenAI's investors is Microsoft.

GPT means generative pre-trained transformer model.


Is ChatGPT coming for the treasurers?
"It's undoubtedly the world’s most talked about technology right now, and its ability to ace exams, write screenplays, and even argue in court, has professionals from all walks fearing for their jobs.
As with many innovations, the rise of ChatGPT, the popular artificial intelligence (AI)-powered chatbot created by San Francisco-based research lab OpenAI, has sparked widespread concerns it could replace humans with its speed, accuracy and reliability...
[According to treasury and technology expert Rahul Daswani FCT] 'What will mostly likely happen in the short term is that you’ll be able to [set up] your treasury operating system and your own enterprise resource planning (ERP) system in a manner where you could have an AI application that provides template-based answers,' he explained.
'Then a human would have to [apply] some degree of judgement [and] analysis before it’s published.'”
ACT Middle East technology conference - March 2023 - Megha Merani.


See also