Book Image

The Future of Finance with ChatGPT and Power BI

By : James Bryant, Aloke Mukherjee
2.5 (4)
Book Image

The Future of Finance with ChatGPT and Power BI

2.5 (4)
By: James Bryant, Aloke Mukherjee

Overview of this book

In today's rapidly evolving economic landscape, the combination of finance, analytics, and artificial intelligence (AI) heralds a new era of decision-making. Finance and data analytics along with AI can no longer be seen as separate disciplines and professionals have to be comfortable in both in order to be successful. This book combines finance concepts, visualizations through Power BI and the application of AI and ChatGPT to provide a more holistic perspective. After a brief introduction to finance and Power BI, you will begin with Tesla's data-driven financial tactics before moving to John Deere's AgTech strides, all through the lens of AI. Salesforce's adaptation to the AI revolution offers profound insights, while Moderna's navigation through the biotech frontier during the pandemic showcases the agility of AI-focused companies. Learn from Silicon Valley Bank's demise, and prepare for CrowdStrike's defensive maneuvers against cyber threats. With each chapter, you'll gain mastery over new investing ideas, Power BI tools, and integrate ChatGPT into your workflows. This book is an indispensable ally for anyone looking to thrive in the financial sector. By the end of this book, you'll be able to transform your approach to investing and trading by blending AI-driven analysis, data visualization, and real-world applications.
Table of Contents (13 chapters)
Free Chapter
1
Part 1: From Financial Fundamentals to Frontier Tech: Navigating the New Paradigms of Data, EVs, and AgTech
6
Part 2: Pioneers and Protectors: AI Transformations in Software, Finance, Biotech, and Cybersecurity

GPT-4, multimodal activity, and financial exposure – a cautionary tale

The advancement of AI technologies such as GPT-4, a multimodal model accepting both image and text inputs, is both fascinating and perilous, especially in the context of finance. As these systems continue to integrate with aspects of our daily lives, it’s crucial to understand the risks, particularly with regard to cybersecurity and its impact on investment, trading, and financial analysis.

The multimodal capabilities of GPT-4

GPT-4, the latest installment in OpenAI’s deep learning technology, performs exceptionally well on professional and academic benchmarks, including passing a simulated bar exam within the top 10% of test takers. The model has even been fine-tuned through an adversarial testing program to achieve the best-ever results in factuality and steerability.

Amazon One and the age of biometrics

To draw a parallel, let’s consider Amazon One, Amazon’s new...