ECB uses ChatGPT to boost GDP accuracy with just two pages of PMI commentary

The European Central Bank (ECB) is now using ChatGPT to improve how it predicts GDP growth in the eurozone, according to a paper the bank published on Thursday in Frankfurt. Instead of drowning in endless data, the study says the bank used only two pages of commentary from Purchasing Managers’ Index (PMI) reports, and it […] source: https://www.cryptopolitan.com/ecb-uses-chatgpt-to-boost-gdp-accuracy/