‘Work to Do’ on ChatGPT, Banking Tech, Says BofA’s Moynihan

Brandon McGee

3 years ago

“Wall Street has ‘some work to do’ before using popular technology such as ChatGPT, Bank of America Corp. Chief Executive Officer Brian Moynihan warned, saying that inaccuracy and lack of data-based responses make the popular text-generator a challenge.
No stone can be left unturned as ‘some third party providers can create a hole in your network,’ he added. ‘No enterprise is too big or too small not to worry about’ cyber attacks.’”