Dec 6, 2024 · Average F1-scores by Model Release Date. A scatter plot showing the average F1 scores across all categories for various language models, plotted against their release dates. The top-performing models cluster around 0.92-0.95 average F1 scores, with newer releases generally outperforming older ones.

Apr 18, 2023 · Two studies have shown that OpenAI's ChatGPT can decode the language used in Federal Reserve policy statements and forecast stock market trends based on headlines.

To access the Federal Reserve Economic Data (FRED) and OpenAI services, you'll need to obtain API keys from their respective platforms: FRED API Keys: Sign up and request your key here. OpenAI API Keys: Generate your API key by visiting this link.

Dec 6, 2024 · Our results provide useful insights into how well AI models do at deciphering FOMC communications and interpreting textual information focused on complex economic and financial market topics.

Dec 13, 2024 · The Board is committed to an artificial intelligence (AI) program for its staff that: Chief Artificial Intelligence Officer (CAIO): Anderson Monken. To send a comment about the Board's AI Use Case Inventory or its AI Program, please fill out our feedback form.

Jan 31, 2025 · The Federal Reserve itself has come under pressure. Mr. ... OpenAI unveiled a new tool, called Deep Research, that can gather information from across the internet and synthesize it into concise ...

Nov 6, 2023 · While some agencies in the public sector have pumped the breaks on the use of generative artificial intelligence, the Federal Reserve System has set up a generative AI incubator, looking to be "bold" but responsible in its use of the technology, according to …

Nov 3, 2023 · The Federal Reserve System is exploring the potential of generative artificial intelligence through an “incubator” program that aims to test out the technology on real Fed problems.

Sep 22, 2023 · Since the public got its first taste of ChatGPT in late 2022, the promises and perils of human-like “generative AI” have dominated discussions about technology and economic growth. Artificial intelligence is driving a surge of investors hoping to ride a wave of world-changing innovation.

Nov 4, 2024 · The federal government is continuing to invest in generative AI technology produced by OpenAI, with a handful of agencies recently inking deals to use the enterprise version of the firm’s ChatGPT platform.