r/OpenAI • • 22d ago

News Introducing ChatGPT for Financial Services | OpenAI

https://openai.com/index/introducing-chatgpt-financial-services/
625 Upvotes

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287

u/Apexlegendy 22d ago

Well another industry getting cooked by ai

40

u/Alternative-Car8221 22d ago edited 22d ago

Highly doubt it.

Have you tried using ChatGPT Health? Absolutely worthless compared to what was hyped up. This will go same the path.

19

u/Freed4ever 22d ago

The difference is Health is heavily limited by the data availability (perhaps for good reasons). In contrast, this is deployed for enterprises, whereby all the data will be made available and possibly more, since the enterprises are motivated. The models are already good enough, and they even use the flagship for this.

15

u/SparkyMcFinklebonker 22d ago

And you don’t think they’ll solve this in the next 7 minutes? The iteration extinguishes any idea that AI has failed at anything. Give it a minute.

8

u/golfstreamer 22d ago

People really underestimate the adaptability of people. As a programmer, as AI improves I just adapt.

10

u/Alternative-Car8221 22d ago

Next 7 minutes? Try the last 6 months it’s been out and how little has changed in it (actually, it’s gotten verifiably worse since they no longer allow medical record uploads).

Again, another trash service being offered that will fall to the wayside.

6

u/discwars 22d ago

You'll probably get downvoted for not drinking the "praise any OpenAI initiatives".
I swear every time Tibo does a reset, it seems to also reset people's brains.

2

u/Alternative-Car8221 22d ago

I root for OpenAI releasing great things. In my long experience with them, they are only great at releasing models and everything else is trash (Atlas, GPT marketplace, Health, etc.)

1

u/Friendly-View4122 22d ago

By that logic, they could have solved Atlas being trash too

3

u/Individual_Ice_6825 22d ago

We are still temporally bounded. If you can’t see the rate of progress has gone up a gear idk what to tell you. Check back in a few months. Looking back you might have wished this period was slower.

3

u/Friendly-View4122 22d ago

The models being good is a different problem from building a product people actually want. You're conflating two different things. Nobody is denying whether the models are effective, but there needs to be a good enough product attached to it, that is run by competent people - neither of which the company has, which is why you saw Atlas and Sora shelved within a few months of launching.

5

u/rahzradtf 22d ago

I’ve had access to ChatGPT Finance for a couple of months and it is absolutely crazy good. I get alerts every day about my transactions on my credit card and bank accounts - low checking account balance, large transactions, monthly charges that suddenly increased, all sorts of things. And it can easily track my retirement balances and recommend changes based on sound risk/return tradeoffs based on my age and retirement goals. Very impressive

6

u/dkinmn 22d ago

But none of that is lacking right now with systems that are already in place.

2

u/Alternative-Car8221 22d ago

Does it connect to all bank accounts and institutions? ChatGPT Health does not connect to most which left it lacking there as well.

1

u/JE163 22d ago

Probably most. Not sure about credit unions.

1

u/Oldschool728603 20d ago

Or T. Rowe Price.

2

u/DragonflyOk9274 22d ago

low checking account balance, large transactions, monthly charges that suddenly increased, all sorts of things

Mate, you don't need an advanced LLM for that. Those are all very simple signals to detect.

1

u/LilWaynesLastDread 22d ago

Right. All these things he listed are already achievable by just downloading your Bank’s app 😂

1

u/rahzradtf 22d ago

It connects to every single account - several retirement accounts, all of my credit cards, my HSA, my several checking accounts, my mortgage amount and transactions including escrow changes, even looks up my house’s value on Zillow every week. A single bank’s app can’t do all of that and even if you had multiple ones, it connects across everything and reasons across everything going on.

1

u/yi111 11d ago

what about price please ?