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Using ChatGPT and Generative AI in FinTech

Using ChatGPT and Generative AI in FinTech

1h 48mIntermediate2023-11-16

Authors

Michael McDonald

Michael McDonald

Researcher and Professor of Finance at Fairfield University

Course details

Generative AI—and ChatGPT, in particular—have captured the imagination of the general public as well as the interest of the entire global business community. While there are still significant issues and problems with generative AI tools, the technology has now progressed to such a pivotal point that it can provide clear and valuable applications in the field of finance. From reviewing financial data to analyzing financial reports and generating images for presentations, generative AI offers new possibilities for making complex financial tasks more efficient in a way that’s approachable for today’s professionals. Join instructor Michael McDonald to learn how to start using ChatGPT and other generative AI tools for real-world, everyday tasks in finance. By the end of this course, you’ll be prepared to leverage generative AI to make better business decisions with big data, business intelligence, predictive analytics, and more.

Learning objectives
Differentiate answers provided by the two versions of ChatGPT.
Describe the processes involved in using ChatGPT.
Discuss the requirements for making the best use of ChatGPT prompts.
Identify limitations of ChatGPT plugins.
Explain the business uses of various ChatGPT plugins.

Skills covered

MidjourneyCryptocurrencyChatGPTOpenAIFinance and AccountingAI Productivity ToolsGenerative AIArtificial Intelligence (AI)Data ScienceBusiness Software and ToolsOne-Off

Concepts

0. Introduction

  • 01 - Using ChatGPT for finance

1. Getting Started with Generative AI

  • 02 - What is generative AI
  • 03 - Setting up a ChatGPT account
  • 04 - Differentiating between ChatGPT 3.5 and ChatGPT 4
  • 05 - Improving prompts and other ChatGPT optimization tips
  • 06 - The ChatGPT models

2. ChatGPT and Financial Analysis

  • 07 - Contrasting revenue growth in ChatGPT
  • 08 - Assessing risk tolerance in ChatGPT
  • 09 - Troubleshooting ChatGPT's token length issues
  • 10 - Consolidating a clean data set with ChatGPT
  • 11 - Oops, the AI made a math mistake
  • 12 - Drawing financial conclusions with ChatGPT
  • 13 - Building charts and tables with generative AI
  • 14 - Plug-ins for ChatGPT

3. Creating Business Graphics with Generative AI

  • 15 - Beyond ChatGPT - other AI tools
  • 16 - Financial computations with Bard
  • 17 - Creating financial analysis copy with Cohere
  • 18 - Building promotional videos with Runway
  • 19 - Creating AI images for business
  • 20 - Copyrights, trademarks, and AI

4. Limits and Cautions on Generative AI

  • 21 - Issues with AI
  • 22 - Where do we go from here

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