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Writing survey questions that easily and accurately convey their intent to a variety of respondents is a demanding and high-stakes task. Despite the extensive literature on best practices, the number of considerations to keep in mind is…

Methodology · Statistics 2025-09-11 Erica Ann Metheney , Lauren Yehle

Generative AI tools such as ChatGPT can fundamentally change the way investors process information. We probe the economic usefulness of these tools in summarizing complex corporate disclosures using the stock market as a laboratory. The…

General Economics · Economics 2025-10-10 Alex Kim , Maximilian Muhn , Valeri Nikolaev

In this paper, we explore potential uses of generative AI models, such as ChatGPT, for investment portfolio selection. Trusting investment advice from Generative Pre-Trained Transformer (GPT) models is a challenge due to model…

Portfolio Management · Quantitative Finance 2023-08-14 Oleksandr Romanko , Akhilesh Narayan , Roy H. Kwon

Undoubtedly, the evolution of Generative AI (GenAI) models has been the highlight of digital transformation in the year 2022. As the different GenAI models like ChatGPT and Google Bard continue to foster their complexity and capability,…

Cryptography and Security · Computer Science 2023-07-04 Maanak Gupta , CharanKumar Akiri , Kshitiz Aryal , Eli Parker , Lopamudra Praharaj

The success of OpenAI's ChatGPT in 2023 has spurred financial enterprises into exploring Generative AI applications to reduce costs or drive revenue within different lines of businesses in the Financial Industry. While these applications…

Risk Management · Quantitative Finance 2025-03-21 Anwesha Bhattacharyya , Ye Yu , Hanyu Yang , Rahul Singh , Tarun Joshi , Jie Chen , Kiran Yalavarthy

This study investigates the impact of Generative AI on software development within the IT sector through a mixed-method approach, utilizing a survey developed based on expert interviews. The preliminary results of an ongoing survey offer…

General Economics · Economics 2025-08-26 Anton Ludwig Bonin , Pawel Robert Smolinski , Jacek Winiarski

Generative AI models are capable of performing a wide variety of tasks that have traditionally required creativity and human understanding. During training, they learn patterns from existing data and can subsequently generate new content…

We use generative AI to extract managerial expectations about their economic outlook from 120,000+ corporate conference call transcripts. The resulting AI Economy Score predicts GDP growth, production, and employment up to 10 quarters…

Computational Finance · Quantitative Finance 2025-11-21 Manish Jha , Jialin Qian , Michael Weber , Baozhong Yang

In recent months, the social impact of Artificial Intelligence (AI) has gained considerable public interest, driven by the emergence of Generative AI models, ChatGPT in particular. The rapid development of these models has sparked heated…

Artificial Intelligence · Computer Science 2024-05-10 Maria T. Baldassarre , Danilo Caivano , Berenice Fernandez Nieto , Domenico Gigante , Azzurra Ragone

AI and generative AI tools, including chatbots like ChatGPT that rely on large language models (LLMs), have burst onto the scene this year, creating incredible opportunities to increase work productivity and improve our lives. Statisticians…

Computation and Language · Computer Science 2024-03-27 Mark Glickman , Yi Zhang

The rapid advancement of generative Artificial Intelligence (AI) technologies, particularly Generative Pre-trained Transformer (GPT) models such as ChatGPT, has the potential to significantly impact cybersecurity. In this study, we…

Computers and Society · Computer Science 2024-03-19 Raza Nowrozy , David Jam

Generative Pre-trained Transformers (GPTs), particularly Large Language Models (LLMs) like ChatGPT, have proven effective in content generation and productivity enhancement. However, legal risks associated with these tools lead to adoption…

General Economics · Economics 2025-04-03 Cathy Yang , David Restrepo Amariles , Leo Allen , Aurore Troussel

The utilisation of AI-driven tools, notably ChatGPT, within academic research is increasingly debated from several perspectives including ease of implementation, and potential enhancements in research efficiency, as against ethical concerns…

Human-Computer Interaction · Computer Science 2024-05-16 Aleksei Turobov , Diane Coyle , Verity Harding

Generative Artificial Intelligence (AI), particularly tools like OpenAI's popular ChatGPT, is reshaping the landscape of computer science research. Used wisely, these tools can boost the productivity of a computer research scientist. This…

Artificial Intelligence · Computer Science 2023-11-21 Eduardo C. Garrido-Merchan

This paper explores and assesses in what ways generative AI can assist in translating survey instruments. Writing effective survey questions is a challenging and complex task, made even more difficult for surveys that will be translated and…

Computation and Language · Computer Science 2025-01-13 Erica Ann Metheney , Lauren Yehle

We study whether generative AI can automate feature discovery in U.S. equities. Using large language models with retrieval-augmented generation and structured/programmatic prompting, we synthesize economically motivated features from…

Statistical Finance · Quantitative Finance 2026-02-03 Keywan Christian Rasekhschaffe

ChatGPT is a natural language processing tool that can engage in human-like conversations and generate coherent and contextually relevant responses to various prompts. ChatGPT is capable of understanding natural text that is input by a user…

Human-Computer Interaction · Computer Science 2024-09-02 Sara Amani , Lance White , Trini Balart , Laksha Arora , Kristi J. Shryock , Kelly Brumbelow , Karan L. Watson

In the ever-evolving realm of cybersecurity, the rise of generative AI models like ChatGPT, FraudGPT, and WormGPT has introduced both innovative solutions and unprecedented challenges. This research delves into the multifaceted applications…

Cryptography and Security · Computer Science 2023-10-10 Polra Victor Falade

The launch of ChatGPT in November 2022 marked the beginning of a new era in AI, the availability of generative AI tools for everyone to use. ChatGPT and other similar chatbots boast a wide range of capabilities from answering student…

Computation and Language · Computer Science 2024-09-04 Yanchen Wang , Lisa Singh

Generative AI (GAI) is reshaping the way young users engage with technology. This study introduces a taxonomy of risks associated with youth-GAI interactions, derived from an analysis of 344 chat transcripts between youth and GAI chatbots,…

Human-Computer Interaction · Computer Science 2025-02-27 Yaman Yu , Yiren Liu , Jacky Zhang , Yun Huang , Yang Wang
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