JPMorgan bars its staff from using AI-powered ChatGPT bot
By MYBRANDBOOK
JPMorgan & Co. has curbed its staff's use of the ChatGPT chatbot, according to a person familiar with the matter. The move, which impacts employees across the firm, wasn’t triggered by any specific incident but reflects normal controls around third-party software.
ChatGPT became an internet phenomenon in recent months with the fast-growing technology that generates text, images and other media in response to a short prompt. That has spurred buzz about its future potential for everything from writing poems in the style of Shakespeare to creating stock portfolios. There’s even an exchange-traded fund planned around the concept.
Microsoft Corp. is reportedly investing $10 billion in OpenAI, the artificial-intelligence research company behind the chatbot, a move that could see it challenge Google’s dominance of search.
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