From the course: Financial Modeling Foundations

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GenAI and financial modeling

GenAI and financial modeling

- [Instructor] If you're a financial analyst, you can't ignore generative AI. Generative AI has a profound role to play for most people working in any sort of white collar profession, and certainly, that includes financial modeling. Now, let's take a look at some different tools and how they can start to help us with generative AI. I've pulled up ChatGPT, Claude, Google Search, and we have Copilot running in Excel in the background that we'll look at. Now, I'm gonna start with ChatGPT, just because it's probably the most familiar to most people. I've seen statistics like, they have something like 90% of chatbot share, okay? But I asked ChatGPT, "How can gen AI tools, like you, help users with financial modeling?" And let's just see what they say. So, ChatGPT claims they can help with model construction automation, in particular, building templates for standardized three-statement models, formula automation, that…

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