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The future of financial analysis: How GPT-4 is disrupting the industry, according to new research

University of Chicago researchers demonstrate GPT-4's remarkable ability to predict corporate earnings, outperforming human analysts and transforming the future of financial statement analysis.

(Source: University of Chicago)A key innovation was the use of “ chain-of-thought ” prompts that guided GPT-4 to emulate the analytical process of a financial analyst, identifying trends, computing ratios, and synthesizing the information to form a prediction. Join us as we return to NYC on June 5th to engage with top executive leaders, delving into strategies for auditing AI models to ensure fairness, optimal performance, and ethical compliance across diverse organizations. While human expertise and judgment are unlikely to be fully replaced anytime soon, powerful tools like GPT-4 could greatly augment and streamline the work of analysts, potentially reshaping the field of financial statement analysis in the years to come.

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