Ahead of OpenAI CEO Sam Altman’s four days in exile, several staff researchers sent the board of directors a letter warning of a powerful artificial intelligence discovery that they said could threaten humanity, two people familiar with the matter told Reuters.
Accountants are about to be out of a job.
In all seriousness though, it just means the tools we have will become more precise, so you can dig though a company’s financials within seconds and know where irregularities lie.
Which is great news for the IRS. If they could get their hands on that setup.
Which is also bad news if you are a stock trader and an AI just took your job.
Which is a crazy idea to think about…
Who had capitalist AI overloads on their apocalypse bingo card?
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Right? It isn’t a big leap to think that hedge funds and brokerages are gonna invest in adding this tech to their trading tools
The thing just managed arithmetic, it hasn’t mastered Black-Scholes… yet. That’s when the AI wars truly start. Wallstreet would throw dump trucks of money at something that could beat a Quant. Or even do it as good as a Quant, but slightly faster.
In theory BS should be right up its alley because GPT is essentially a stochastic probability machine at heart anyway.