Artificial intelligence powered language model ChatGPT by OpenAI, provides services in text writing, text editing, coding and many other similar areas. University of Florida Finance Professor Alejandro Loper-Lira explained that ChatGPT and other major language models can also predict the values of stocks.
In Loper-Lira's article on the subject, he stated that they examined the potential of language models in the predictions of stocks. In addition, the professor explained that ChatGPT does not analyze and calculate the share prices in the market and expressed the following words:
"ChatGPT's understanding of people-oriented information almost guarantees that if the market doesn't respond perfectly, there will be return predictability."
On the other hand, in the news that came out recently, ChatGPT predicted the number that came out in the lottery. This news, which first appeared in the TikTok share of a winner, soon sat on the agenda of social media.
The person who gave the previous numbers in the lottery won $46 thanks to the guessed numbers. A Thai man who won the lottery thanks to ChatGPT's prediction stated that he had asked ChatGPT to predict before, but artificial intelligence did not help in this regard.