Lecture 6: Generative AI

0.0(0)
studied byStudied by 0 people
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/4

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

5 Terms

1
New cards

Generative AI and LLMs

  • Generative AI refers to deep-learning models that can generate original, high-quality text, images, and other content based on the data they were trained on

  • ChatGPT is a large language model (LLM) that can interact with humans conversationally and provide accurate responses to natural language queries:

    • Write contracts

    • Solve math and science problems

    • Write computer code

    • Create poetry and song lyrics

    • Talk like a caveman

2
New cards

GenAI Tools

  • It can interact in conversational dialogue and provides surprisingly human responses

  • It can write cogent essays, solve science and math problems, and produce working computer code

  • It is designed for natural language processing tasks, such as engaging in conversations, answering questions, summarizing text, and generating human-like text

  • It could pass the bar exam! It scored a 1410 on the SAT!

  • It aced the AP tests for biology, art history, environmental science, macroeconomics, psychology, US history

3
New cards

Learning Benefits and Opportunities of GenAI

  • Leveling the field

  • Overcome language barrier

  • Improve student’s writing

  • Better inquiry prompts (“googling”)

  • Better Critical Thinking

  • Better Skepticism and Review skills

  • Create images

  • Help with other tools (e.g., Excel, Tableau, UiPath)

  • Training students to use AI effectively can help them be ready to solve big, interesting problems in their careers

4
New cards

Risks and Concerns of GenAI

  • Cheating

  • De-skilling

  • Students’ learning ability (incorrect answers)

  • Differentiating between accurate and inaccurate information

  • Poor prompt engineering skills

  • Accuracy

  • Hallucinations

  • Security

  • Privacy

  • Information spillover

  • Potential impact on critical thinking

5
New cards

Uses & Benefits of GenAI in Auditing

Uses

  • Write contracts

  • Send emails

  • Confirmations

  • Summarize reports

  • Extract tables

  • Extract main points in ESG reports

  • Sentiment Analysis

Benefits

  • Provide guidance (junior auditors)

  • Read long documents very quickly

  • Completes mundane tasks

  • Improves writing reports

  • Confirm findings (potentially)

  • Better Critical Thinking

  • Better Skepticism and Review skills

  • Facilitates information acquisition