We live in a digital age—paper certificates for U.S. treasuries have long been a thing of the past. Our markets and business models have been transformed by electronic trading, the cloud, artificial intelligence, and predictive data analytics. In 2023, one might think that all filings to the Commission already could be made

What Should We Do About ChatGPT?
Almost everyone seems to be talking about ChatGPT. This new AI-enabled chatbot, which can swiftly produce answers that feel as if a human wrote them, promises to revolutionize how we generate text. Although ChatGPT emerged just a few months ago, it is already causing turmoil across various fields. Microsoft embedded it into their Bing search engine. Google declared a “code red” and tried to introduce a competing bot. Universities are rethinking how to evaluate student performance, as ChatGPT can apparently pass exams in law, business, and medicine.
Despite the hype, ChatGPT is not perfect. It is prone to inaccuracies and … Read more