{"id":11440,"date":"2024-05-27T16:19:07","date_gmt":"2024-05-27T08:19:07","guid":{"rendered":"https:\/\/www.1ai.net\/?p=11440"},"modified":"2024-05-27T16:19:07","modified_gmt":"2024-05-27T08:19:07","slug":"%e7%a0%94%e7%a9%b6%ef%bc%9agpt-4-%e5%9c%a8%e9%a2%84%e6%b5%8b%e5%85%ac%e5%8f%b8%e7%9b%88%e5%88%a9%e6%96%b9%e9%9d%a2%e8%b6%85%e8%b6%8a%e4%ba%ba%e7%b1%bb%e5%88%86%e6%9e%90%e5%b8%88","status":"publish","type":"post","link":"https:\/\/www.1ai.net\/en\/11440.html","title":{"rendered":"Study: GPT-4 outperforms human analysts in predicting company earnings"},"content":{"rendered":"<p data-vmark=\"f56b\">A new study from the University of Chicago shows that<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e5%a4%a7%e5%9e%8b%e8%af%ad%e8%a8%80%e6%a8%a1%e5%9e%8b\" title=\"[View articles tagged with [large-scale language model]]\" target=\"_blank\" >Large Language Models<\/a> <a href=\"https:\/\/www.1ai.net\/en\/tag\/gpt-4\" title=\"[SEE ARTICLES WITH [GPT-4] LABELS]\" target=\"_blank\" >GPT-4<\/a> Able to outperform humans in predicting future earnings growth of companies<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e5%88%86%e6%9e%90%e5%b8%88\" title=\"[Sees articles with [analytic] labels]\" target=\"_blank\" >Analyst<\/a>, and the AI model only used the company&#039;s financial statements without any additional information.<\/p>\n<p data-vmark=\"4de2\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11441\" title=\"c6f36305-d645-4c77-9286-4a516ad943a2\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2024\/05\/c6f36305-d645-4c77-9286-4a516ad943a2.jpg\" alt=\"c6f36305-d645-4c77-9286-4a516ad943a2\" width=\"866\" height=\"650\" \/><\/p>\n<p>Image source: Pexels<\/p>\n<p data-vmark=\"ad6e\">Financial analysts have traditionally relied on their expertise and experience to assess a company\u2019s financial health and predict future earnings, but this study shows that AI models can do the task just as well, or even better.<\/p>\n<p data-vmark=\"c9ef\">It is understood that the researchers provided the model with anonymized financial data, including balance sheets and income statements, and asked it to predict future profit growth. Even without any additional information,<span class=\"accentTextColor\">GPT-4 was also able to achieve an accuracy of 60%, while the typical accuracy range for human analysts was only 53% to 57%.<\/span><\/p>\n<p data-vmark=\"0cc5\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11442\" title=\"0cac937f-feda-4d13-a7a2-86e0f53f8eb2\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2024\/05\/0cac937f-feda-4d13-a7a2-86e0f53f8eb2.jpg\" alt=\"0cac937f-feda-4d13-a7a2-86e0f53f8eb2\" width=\"867\" height=\"433\" \/><\/p>\n<p data-vmark=\"6a0c\">Part of GPT-4\u2019s success is due to its use of \u201cthought chain\u201d prompts, which guide the AI model through the analysis process, helping it identify trends, calculate ratios and synthesize information to make predictions.<\/p>\n<p data-vmark=\"7af2\">Researchers believe that large language models have significant advantages over human analysts due to their vast knowledge base and strong pattern recognition capabilities.<\/p>\n<p data-vmark=\"9e63\">Although some experts have cautioned that the benchmark used in this study may not be the most advanced financial analysis model, the overall findings are still encouraging. The ability of general AI models to outperform specialized financial models and even human experts suggests that large language models have the potential to transform the field of financial analysis.<\/p>","protected":false},"excerpt":{"rendered":"<p>A new study from the University of Chicago shows that the large-scale language model GPT-4 can outperform human analysts in predicting a company's future earnings growth, and that the AI model uses only the company's financial statements without the aid of additional information. Pexels In the past, financial analysts relied on specialized knowledge and experience to assess a company's financial situation and predict future earnings. This study, however, shows that the AI model is able to do this task just as well, if not better. According to the study, the researchers provided the model with anonymized financial data, including balance sheets and income statements, and asked it to predict future earnings growth. Even without any additional information, GPT-4 was able to achieve an accuracy of 60%, compared to the typical accuracy area of human analysts.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[510,2792,371],"collection":[],"class_list":["post-11440","post","type-post","status-publish","format-standard","hentry","category-news","tag-gpt-4","tag-2792","tag-371"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/11440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/comments?post=11440"}],"version-history":[{"count":0,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/11440\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/media?parent=11440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/categories?post=11440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/tags?post=11440"},{"taxonomy":"collection","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/collection?post=11440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}