From ChatGPT to Gemini: how AI is rewriting the internet
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JPMorgan, Deutsche Bank, and others are pushing into AI.
There’s a bunch of examples here but frankly, the nut of the piece is pretty far down:
Bankers have a fiduciary duty not to trade on unreliable information. That’s an issue as use of AI expands.
If you can’t explain where your information came from, is it reliable? Oh well, the hedge funds are at it, too.
“Isn’t this sort of exciting?” writes Matt Levine. “The widespread use of relatively early-stage AI will introduce new ways of making mistakes into finance.”
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