Commodity risk and Generative pre-trained transformer: Difference between pages

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''Risk management''. 
''Information technology - software - natural language processing - artificial intelligence - chatbots.''


When commodities are part of a company’s core business or processes there can be exposures arising from either or both of:
(GPT).


1. Price fluctuations (commodity price risk); and
Generative pre-trained transformers are language models that have been pre-trained on large datasets of unlabelled natural language text.


2. Lack of availability of the commodity.
They can generate new text that is human-like, and in some cases may be difficult to distinguish from human-written text.


Both of these risks are aspects of Commodity risk.


Commodity price risk - as defined above - may also arise from intentionally creating speculative positions in the physical commodity or (more commonly) related derivative instruments.
GPT's unsupervised pre-training may then often be supplemented by additional fine-tuning human supervised training, known as Reinforcement Learning from Human Feedback (RLHF).
 


== See also ==
== See also ==
* [[Commodity ]]
* [[Artificial intelligence]] (AI)
* [[Derivative instrument]]
* [[Bot]]
* [[Risk]]
* [[Chatbot]]
* [[ChatGPT]]
* [[Enterprise-wide resource planning system]]
* [[GPT-4]]
* [[Information technology]]
* [[Large language model]]  (LLM)
* [[Natural language]]
* [[Natural language processing]]
* [[Reinforcement Learning from Human Feedback]]  (RLHF)
* [[Robotics]]
*[[Software]]
* [[Software robot]]
 
 
==Other resource==
*[https://cdn.openai.com/research-covers/language-unsupervised/language_understanding_paper.pdf Improving Language Understanding by Generative Pre-Training, Radford, Narasimhan, Salimans & Sutskever, 2018]
 
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Technology]]

Revision as of 19:29, 19 April 2023

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

(GPT).

Generative pre-trained transformers are language models that have been pre-trained on large datasets of unlabelled natural language text.

They can generate new text that is human-like, and in some cases may be difficult to distinguish from human-written text.


GPT's unsupervised pre-training may then often be supplemented by additional fine-tuning human supervised training, known as Reinforcement Learning from Human Feedback (RLHF).


See also


Other resource

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