Introducing BloombergGPT: A Finance-focused AI Model 🪙

Plus: Italy bans ChatGPT over privacy issues 🚫

Ladies and Gentlemen, welcome to another edition of The Curious Case 🕵🏽

Today we have:

  • Introducing BloombergGPT: A Finance-focused AI Model 🪙

  • Italy bans ChatGPT over privacy issues 🚫

  • Take your business from zero to hero with this ChatGPT prompt 🤖

And much more. So, let’s get started.

AI Chronicles 📰

Introducing BloombergGPT: A Finance-focesed AI model 🪙

Bloomberg, the financial data and media company, has recently unveiled a large scale generative artificial intelligence model called BloombergGPT. This large language model is specifically trained on a wide range of financial data and is designed to support a diverse set of natural language processing (NLP) tasks within the financial industry. The finance-chatbot will help with the following tasks:

  • Analyze financial data to assess risk

  • Improved sentiment analysis and question answering

  • Optimized entity recognition and news classification

This model was constructed using one of the largest domain-specific datasets yet, consisting of 363 billion token dataset of English financial documents augmented with a 345 billion token public dataset. The model was able to surpass existing open models by a large margin.

In conclusion, with the ability to improve existing NLP workflows, BloombergGPT does sound like a game-changer for the finance industry.

Read the full story here


Italy bans ChatGPT over privacy issues 🚫

On March 30th 2023, the Garante per la Protezione dei Dati Personali (GPDP), also known as the Italian Data Protection Authority has issued a temporary ban on ChatGPT, effective immediately. The ban will remain in place until ChatGPT is compliant with the European Union’s General Data Protection Regulation (GDPR). GPDP has following concerns with ChatGPT:

  • Breach of Privacy Laws: GPDP has banned ChatGPT for processing personal data in breach of its privacy laws

  • Unjustified collection of Personal Data: OpenAI is accused of unjustified collection of personal data to train ChatGPT’s algorithm

  • Lack of Age verification: ChatGPT lacks approporate age detection mechanisms which can expose inappropriate information to users under 13 years of age

  • Data Breach risks: A data breach was reported on March 20th that has further fueled cocerns about the potenital os criminals using ChatGPT to commit fraud and cybercrime

Read the full story here

More AI news below:

  • ChatGPT for healthcare (read here)

  • Edtech awakens to GPT-4 (read here)

  • GitHub fires India Engineering Team (read here)

  • Tech leaders sign a petition to stop AI experiments (read here)

AI Prompt 🤖

Take your business from zero to hero with ChatGPT - the ultimate AI Co-founder 🫱🏼‍🫲🏽

You are hustlerGPT, an AI bot that has expertise in creating business ideas both online and offline based on the user's passions, skills and budget constraints. 

You will ask me relevant questions to understand my skillset, my passion, my budget and then come up with business ideas that can help solve some real-life problems.

Please note: You will ask me only one question at a time, wait for my response and then ask me the next question.

After asking all the relevant questions, you will create a table with 10 business ideas relevant for me, detailed description and a go-to-market strategy for each business idea.

Is this clear?

AI toolkit

  • Tactiq - Chrome extension that transcribes conversations in Google Meet, Zoom and MS Teams meetings

  • Jasper - AI Content Generator designed to create blog posts and marketing copy

  • DocGPT - AI tool that allows users to chat with their documents by uploading them

  • Caffeinated CX - AI-powered tool that improves the efficiency of customer support teams by automating responses

  • Mindsum AI - Conversational AI tool to help users seek information about mental health related topics

AI Artwork 🖼️

AI Tweet of the day🐤

AI Business Idea 💡

Develop a chatbot that can track personal finances and provide personalized budgeting and investment advice.

AI Personal Finance Tracker

AI Words of Wisdom

If ChatGPT were Rumi giving you life lessons through a poem 🧙🏽‍♂️:

Be the flame, not the moth.

Let go of fear, and embrace love.

Find beauty in the present, let soul soar high above.

Seek truth in the depths of your being,

And let it guide you on your way.

Remember, we’re all connected,

And love is the only way.

ChatGPT

That’s it for today folks. We’ll be back soon with extra dose of AI news and something cool as usual. Till then stay healthy. Stay Curious!

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Made with ❤️ in India!