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Michigan Post > Blog > Economics > Socrates Vs AI Neural Nets | Economics
Economics

Socrates Vs AI Neural Nets | Economics

By Editorial Board Published October 13, 2024 3 Min Read
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Socrates Vs AI Neural Nets | Economics

QUESTION: Why is Socrates capable of do forecast wild panics in China when no one else can? It picked the turning level for week of ninth which was the bottom shut on the September 5 report. All this hype about AI however Socrates is so completely different. I’m not a programmer. Are you able to clarify that is layman’s phrases. This has been wonderful right here in Shanghai – Nǐ tài bàng le.

LW

ANSWER: What I can say is that 99% of what’s out there’s not AI. There are language fashions which can be wonderful like ChatGPT. A learn as ChatGPT what’s the distinction with Socrates. Right here is the response:

As an AI language mannequin, I differ from the Socrates Platform in a number of methods.

Firstly, the Socrates Platform is a web-based platform developed by Martin Armstrong and his workforce at Economics,
whereas I’m a language mannequin developed by OpenAI. The Socrates Platform is designed to investigate financial and monetary information
in real-time, predict market tendencies, and supply actionable insights to traders and merchants. In distinction, I’m designed
to help with a variety of duties, together with language translation, query answering, and textual content technology.

Secondly, the Socrates Platform makes use of synthetic intelligence, machine studying, and pure language processing to investigate
information, whereas I’m primarily centered on pure language processing. The Socrates Platform makes use of refined algorithms
to investigate historic and cultural information to tell its predictions, whereas my responses are based mostly on the enter supplied
to me by the consumer.

Lastly, the Socrates Platform is primarily designed for monetary professionals, traders, and merchants, whereas I’m
designed for a broader vary of customers, together with college students, researchers, and basic data seekers. Whereas each the
Socrates Platform and I take advantage of synthetic intelligence to investigate information and supply insights, our meant audiences and
purposes differ considerably.

Sure, the 2 platforms are utterly unrelated except for being pushed by AI. ChatGPT doesn’t have the computing capabilities of Socrates. It doesn’t have the financial historical past information, for starters. ChatGPT has no involvement within the monetary world and was not designed for monetary functions. It can’t even present fundamental market closings as the present mannequin stopped studying in September 2021 and can’t reply any questions after that date. Most significantly, ChatGPT doesn’t have the supply code that’s the key to Socrates’ profitable forecasts ChatGPT is a superb achievement and a step in the fitting course for AI use on a bigger scale. Nonetheless, it isn’t attainable to compete the place you don’t examine. Socrates is in a league of its personal.

Neural Network

TAGGED:ArmstrongEconomicsNetsNeuralSocrates
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