Easy ChatGPT Hacks Every CFO Should Know
The webinar, “Easy ChatGPT Hacks Every CFO Should Know,” offered insights into leveraging artificial intelligence (AI) tools for finance teams. It highlighted the significance of ChatGPT, a powerful AI tool, in transforming the finance function.
Jim, the CEO of Ziptech shared his experience using ChatGPT in various industries. He demonstrated how ChatGPT, with its massive language model trained on 500 billion words, can be a valuable resource for finance teams, answering textual questions and providing information instantaneously.
The discussion delved into the broader landscape of AI’s impact on business, with a forecast that AI will contribute 14% to global GDP by 2030. Jim highlighted the role of AI in augmenting skills, increasing consumer demand, and enhancing business processes. The potential reduction in headcount due to AI implementation was illustrated with a UK telecom industry example, expecting a reduction of 55,000 jobs in the coming years.
While acknowledging the capabilities of ChatGPT, the webinar also highlighted the importance of understanding its limitations. AI, including ChatGPT, may exhibit limitations, where the model fills in missing information with incorrect data. Constraints on large language models may also arise due to the data they have been trained on.
In conclusion, the webinar emphasized ChatGPT as a valuable tool for businesses, showcasing its applications in contract checking, document summarization, proofreading, and more. Attendees were encouraged to build strong technology foundations in their businesses to fully leverage AI.
Exclusive GrowCFO Offer
Please download your copy of Jim’s handy one page cheat sheet on ChatGPT here: www.ziptechservices.co.uk/aiguide
Jim has also offered an exclusive, 100% discount code for GrowCFO members who would benefit from Ziptech’s Online Directors Briefing Event in which Jim and his team take a deeper dive into how to Get Ready for AI. The session includes more product demos and use cases as well as the essential steps you can take to get your business ready for AI including budgeting, measuring ROI, preparing your infrastructure, managing security and risk. You can find out more here Directors Briefing Events (ziptechservices.co.uk) and register using discount code: GrowCFO. Attendance at each event is limited to 50 members so don’t delay in saving your spot.
Please note that the discount code only applies to the Directors Briefing ONLINE events. If you wish to attend the in-person events at the London School of Economics or at the Sofitel, Heathrow, please contact Ed Alfred on ealfred@ziptechservices.co.uk. A small registration fee applies.
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