Monday, January 2, 2023

“AI!” on the Fed


More monetarist reification from ChatGPT… 




 

8 comments:

mike norman said...

100% garbage in, garbage out. So much for artificial "intelligence."

Matt Franko said...

Mike it’s just like any other software….

The people who programmed this thing must have either an Art Degree or perhaps are generally uneducated.…

Matt Franko said...

Or they never took any Accounting or regulatory mathematics…

I’m going to try to install this thing and see if I can get it to regurgitate differently…

NeilW said...

Also applies to natural intelligence. Still garbage in, garbage out.

ChatGPT is trained on a large dataset of published information. The programming is a just a fancy directed network graph.

It's the information that contains the garbage. ChatGPT just repeats what it has learned - like any school child.

ChatGPT had a left liberal bias when applied to political compass tests. It has been retrained to eliminate that bias.



NeilW said...

Needs the same doing with its economics.

Matt Franko said...

Neil, was thinking of installing it clean and instead pointing it to Bill Mitchell’s url to crawl thru then start asking it questions…


NeilW said...

Neither OpenAI nor ChatGPT offer code. They are closed source solutions

Peter Pan said...

Neil, was thinking of installing it clean and instead pointing it to Bill Mitchell’s url to crawl thru then start asking it questions…

Do it!