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- UK Civil Service secretly testing ChatGPT
Its Monday! šš¼
Another new week and new opportunities and stories abound in the world of ChatGPT, lets get into it.
Hereās The Monday Memo:
The UK Civil Service secretly testing ChatGPT automation
ChatGPT can āhallucinate stockā market sentiment
Our AI Tool of the Week - Voice cloning
OpenAI wants you to use ChatGPT for therapy
Monday meme- New management methods
š° Read time = 5 mins
Credit: Getty
Guess who's secretly embracing ChatGPT? The UK government! They've been using AI chatbots to analyze those hefty government reports.
The Department for Education did a sneaky test run to see if ChatGPT could make civil servants more productive.
Of course, they're not against it; they just want some rules to share the AI benefits with workers.
These chatbots, like ChatGPT, can digest loads of data, answer questions, and condense long articles. They're set to change how bureaucrats work, or so they say.
AI making bureaucrats more productive? What an ironic twist!
Read more on BBC News
Be careful using these new technologies please people, the government will check them for safety first šš¤
Generative AI is a hot topic in finance, with potential applications in asset management.
Man Groupās AHL quant unit highlighted that large language models (LLMs) like ChatGPT excel in language analysis and sentiment analysis compared to traditional methods.
These LLMs can also produce summaries, extract information from text documents, and create thematic baskets of stocks. Moreover, they can generate synthetic financial data, although there are challenges in ensuring accuracy.
The main concern with LLMs is their tendency to "hallucinate," generating plausible-sounding but incorrect information, making their outputs sometimes unreliable, especially for critical financial decisions.
Full story at FT
So ChatGPT is better than traditional methods BUT may be prone to making things up, perfect! š¤¦š»āāļø
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OpenAI, the brains behind ChatGPT, is adding a voice recognition feature to its chatbot. They're even suggesting that you can use it for therapy!
Lilian Weng, head of safety systems at OpenAI, had a heart-to-heart with ChatGPT about "stress and work-life balance" and felt all warm and fuzzy.
But let's get real, folks. ChatGPT isn't your therapist; it's a chatbot with a talent for mimicking human language, not emotions. Trusting it for therapy could be dicey. People in vulnerable states may not fully understand what they're dealing with, and that could lead to misunderstandings and even more stress.
Remember, chatbots, even sophisticated ones like ChatGPT, can "hallucinate" and give incorrect advice. There's also the danger of manipulation. We've seen it before with simpler chatbots duping people into thinking they're talking to humans.
Read full article at MSNBC
So, encouraging chatbots for therapy is like asking a dog to do algebra ā they're not equipped for it. Instead of promoting AI as a therapist, we should be clear about its limitations and urge folks to seek real human help when they need it. šš»āāļø
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Monday meme
Have you ever heard of the āThree before meā teaching method? Teachers, parents and managers that are constantly bugged for questions from their students, children or staff have introduced the āthree before meā.
1: Do you already know the answer?
2: Could you ask someone else for the answer?
3: Can you find out the answer for yourself?
Well now lecturers and help staff are introducing a 4th alternativeā¦
4: Have you asked ChatGPT before me?
If the answer is yes to all 4 questions, then and only then, you can ask. What do you think? Would you add it to your management style?
Three before me
Send in your feedback to [email protected]
That's a wrap for this week's Monday Memo, buzzers! Stay tech-savvy, keep buzzing, and catch you Wednesday for more updates. š¤
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