Related papers: The (Short-Term) Effects of Large Language Models …

We investigate the potential implications of large language models (LLMs), such as Generative Pre-trained Transformers (GPTs), on the U.S. labor market, focusing on the increased capabilities arising from LLM-powered software compared to…

Large Language Models (LLMs) are reshaping consumer decision-making, particularly in communication with firms, yet our understanding of their impact remains limited. This research explores the effect of LLMs on consumer complaints submitted…

This paper explores the potential impacts of large language models (LLMs) on the Chinese labor market. We analyze occupational exposure to LLM capabilities by incorporating human expertise and LLM classifications, following the methodology…

The universal availability of ChatGPT and other similar tools since late 2022 has prompted tremendous public excitement and experimental effort about the potential of large language models (LLMs) to improve learning experience and outcomes,…

Large language models (LLMs) like ChatGPT have significantly lowered the cost of producing written content. This paper studies how LLMs, through lowering writing costs, disrupt markets that traditionally relied on writing as a costly signal…

Large Language Model (LLM)-based generative AI systems, such as ChatGPT, demonstrate zero-shot learning capabilities across a wide range of downstream tasks. Owing to their general-purpose nature and potential to augment or even automate…

The recent advances in large language models (LLMs) attracted significant public and policymaker interest in its adoption patterns. In this paper, we systematically analyze LLM-assisted writing across four domains-consumer complaints,…

The release of ChatGPT in late 2022 caused a flurry of activity and concern in the academic and educational communities. Some see the tool's ability to generate human-like text that passes at least cursory inspections for factual accuracy…

Large Language Models (LLMs) have drawn a lot of attention due to their strong performance on a wide range of natural language tasks, since the release of ChatGPT in November 2022. LLMs' ability of general-purpose language understanding and…

The introduction of ChatGPT has led to a significant increase in the utilization of Large Language Models (LLMs) for addressing downstream tasks. There's an increasing focus on cost-efficient training and deployment within this context.…

Recent dramatic increases in AI language modeling capabilities has led to many questions about the effect of these technologies on the economy. In this paper we present a methodology to systematically assess the extent to which occupations,…

Coverage of ChatGPT-style large language models (LLMs) in the media has focused on their eye-catching achievements, including solving advanced mathematical problems and reaching expert proficiency in medical examinations. But the gradual…

We document the capability of large language models (LLMs) like ChatGPT to predict stock market reactions from news headlines without direct financial training. Using post-knowledge-cutoff headlines, GPT-4 captures initial market responses,…

In recent times, significant advancements have been witnessed in the field of language models, particularly with the emergence of Large Language Models (LLMs) that are trained on vast amounts of data extracted from internet archives. These…

Large Language Models (LLMs) such as ChatGPT have received enormous attention over the past year and are now used by hundreds of millions of people every day. The rapid adoption of this technology naturally raises questions about the…

In recent years, written language, particularly in science and education, has undergone remarkable shifts in word usage. These changes are widely attributed to the growing influence of Large Language Models (LLMs), which frequently rely on…

The rise in popularity of Large Language Models (LLMs) has prompted discussions in academic circles, with students exploring LLM-based tools for coursework inquiries and instructors exploring them for teaching and research. Even though a…

Large Language Models (LLMs) have revo lutionized natural language processing Natural Language Processing (NLP), with Chat Generative Pre-trained Transformer (ChatGPT) standing out as a notable exampledue to its advanced capabilities and…

The use of ChatGPT and similar Large Language Model (LLM) tools in scholarly communication and academic publishing has been widely discussed since they became easily accessible to a general audience in late 2022. This study uses keywords…

The growing prominence of large language models (LLMs) in daily life has heightened concerns that LLMs exhibit many of the same gender-related biases as their creators. In the context of hiring decisions, we quantify the degree to which…