Are ChatGPT and GPT-4 General-Purpose Solvers for Financial Text Analytics? A Study on Several Typical Tasks (2023.emnlp-industry)
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| Challenge: | Recent large language models such as ChatGPT and GPT-4 have shown exceptional capabilities of generalist models . however, their applicability and effectiveness in specific domains like finance needs a better understanding . |
| Approach: | They conduct empirical studies to compare the performance of ChatGPT and GPT-4 on financial text analytical problems using eight benchmark datasets from five categories of tasks. |
| Outcome: | The proposed models outperform the state-of-the-art models on a wide range of financial text analytical tasks. |
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