01_27_2023

Below is a short review and demo of ChatGPT.

ChatGPT, Chat Generative Pre-Trained Transformer, is a ChatBOT launched by OpenAI in November 2022.  During the research phase of deployment, ChatGPT, is free and can be accessed at ChatGPT Login.  Simply, create an account.  During the preview period, events after 2021, my give incorrect information.

Give it a try, Here's the two questions that I posed.

Introduction:

I been reading a lot about China.  At a conference in July for academics, the NSA made this statement.  China steals at a rate of $600 billion a year in IP theft (USA Only.)  If China is treating the EU in kind, that's to the tune of $1.2 Trillion a year.  Those numbers would make the "Pink Panther" Proud!

First, I read The Bear and the Dragon by Tom Clancy.  Again, although fiction, theft on a massive schedule by the Chinese Government.  My Current reading interest, Kissinger on China, portrays China quite differently.  Based on Kissinger’s work, I asked the below question to compare and contrast China over the last to millennia vs the last 20 years.  The answer, strikingly is realistic and relevant. 

Question #1 China:

Input:

Write me an essay that incorporates the following:

Output:

"The last twenty centuries of Chinese thought and history have been shaped by the tumultuous conditions of its land, the changing political powers and the philosophical thoughts that sought to explain their world. For over two millennia, Confucianism has been the pervasive strand that has sought to guide the trajectory of Chinese thought and life, with strong roots in hierarchy, order and solidarity. It has urged people to become unified in their outlook, to engage with their world, and to strive and produce results.

However, over the past twenty years, Chinese thought and history have changed greatly, with the entry of global, economic and political forces ushering in an exciting period of reform, innovation and modernity. The ideas of socialism have permeated the Chinese government and, as a result, have had an opening up of thought and criticism that has been unheard of before. The growing emphasis on free-market capitalism has also manifested itself in a variety of ways, especially in terms of the growth of individual wealth and enterprise"

Besides tech, I know a little about a bunch of different fields.  Economics, Financial Markets, Antiques, Travel, etc.  The basis for my second questions weaves the world of Precious Metals, Economics and the Financial Markets.

Question #2 Gold to Silver Ratio:

Input:

Given the period from when Nixon took the USA off the Gold Standard (August 1971) to the end of Pandemic (December 2021) answer the following two questions.

Output:

"The gold to silver ratio is the ratio of the price of gold to the price of silver. The historical norm for this ratio is around 16:1, meaning that the price of gold is typically 16 times the price of silver. However, there have been several periods throughout the past 50 years where this ratio has exceeded historical norms.

For example, in early 1980, the ratio reached a high of around 100:1 due to high inflation and strong demand for gold.

Another example was in 2011, when the ratio reached a high of around 80:1 due to economic uncertainty and a flight to safe-haven assets.

It is difficult to identify specific periods where derivations in the gold to silver ratio would have produced profits more than double the current fed funds rate without analyzing the specific trade and the volatility of the market at that time. However, it is generally the case that when the gold to silver ratio deviates significantly from its historical norm, there is an opportunity for profit through trading the ratio or using derivatives such as options and futures."

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Just for the record books the current Gold Silver Ratio is 65:1 to 70:1.  As of 01_27_2023

Conclusion:

It isn't prefect, but both answers would give (draw) conclusions similar to an actual person doing 100's of hours of research.  I guess a follow-up question.  Does AI further make humans rely on machines?  Prior to the pandemic, the US had an IT job shortage of 700,000 along.  People with skills to actually create AI applications is a small pie.  AI skillset according to Dzone, lists 9 core skills:

I am a believer that all 9 of these benchmarks can be learned by just about anyone.  "How hard are you willing to work, regardless of the obstacles."  The question at-hand, will humans learn these skills to stay ahead of machines?

Very Respectfully,

M. Zach Lawrence

01_27_2023

Works Cited:

Clancy, T. (2001). The Bear and The Dragon. Berkley: G.P. Putnam's Sons.

Kissniger, H. (2011). Kissinger on China. Penguin Books.

LOFTON, J. (2023, 01 08). Gold to Silver Ratio. Retrieved from Stockhitter: https://stockhitter.com/gold/gold-to-silver-ratio/

OpenAI. (2022, 11). ChatGPT. Retrieved from Chat OpenAI: https://chat.openai.com/chat

Pfeiffer, W. M. (2019, 06 19). Here are 70000 open tech jobs here is how firms are hiring for them. Retrieved from CNBC: https://www.cnbc.com/2019/06/18/there-are-70000-open-tech-jobs-here-is-how-firms-are-hiring-for-them.html

Varshneya, R. (2918, 12 25). 9 Skills to Transition Into AI Development. Retrieved from Dzone: https://dzone.com/articles/9-skills-to-transition-into-ai-development#:~:text=What%20Are%20the%20Nine%20Major%20Skills%20Programmers%20Must,and%20Grasp%20New%20Concepts%20Quickly%20...%20More%20items