With the massive spike in notoriety over the last year of Open AI\u2019s Chat GPT solution<\/a>, the development of similar solutions has skyrocketed. And though early GPT solutions pulled data from all corners of the Internet, and increasing number of more discerning options now exist.<\/p>\n Using a closed-cloud approach \u2013 like Emagia\u2019s GiaGPT<\/a> tool for autonomous finance \u2013 drastically reduces risk because the ultimate user knows the information being used is credible. That\u2019s because with a closed cloud approach, the financial professional (or other user) simply uploads the documents or spreadsheets they want to pull information from or use as a source from their own company\u2019s files as the source material.<\/p>\n As such, misinformation for less reputable Internet sources does not infect your research because you\u2019ve already vetted it.<\/p>\n Of course, not all AI-based solutions are created equal \u2013 or developed by teams with years instead of a few months of actual experience in autonomous finance. So, vetting the solution and the provider to eliminate the fly-by-night developers remains critical.<\/p>\n Simply put: no. ChatGPT broke down the doors for AI adoption, especially in the United States, and it\u2019s far from on its last legs after less than one year in the public sphere.<\/p>\n The key is all in how you use it. Basically, it\u2019s all in the prompts.<\/p>\n Remember, we started with the \u201cgarbage in, garbage out\u201d anecdote. The applies to the user of ChatGPT as well.<\/p>\n Taking the time to carefully craft your prompts (re: what you\u2019re asking ChatGPT to do for you) helps to maximize results and minimize potential problems can prove incredibly valuable.<\/p>\n For example, if you want to ensure the data are trustworthy, ask ChatGPT to pull information from only from certain, trusted sources \u2013 be specific. Or go so far as to literally copy and paste bullet points, stats, an executive summary or entire reports you want to source and ask ChatGPT to pull only from those as part of your prompt. <\/p>\n It may seem like overkill, but it works in mitigating the risk of false information and data infecting your ability to confidently make fast and bold decisions.<\/p>\n There\u2019s no reason to give up on ChatGPT just because the Internet is fraught with lies and misinformation. Just remember, especially in your early days of adoption, to put a little extra thought into what your true goal is and what you want ChatGPT to do. And, of course, double-check the work for things that look amiss.<\/p>\nSo Should CFOs and Other Financial Leaders Avoid ChatGPT Entirely?<\/strong><\/h3>\n
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