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AI is already superior at examining financial reports compared to humans.

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Fresh research has asserted large language models, particularly GPT-4 (which empowers certain iterations of ChatGPT and various Microsoft Copilot-branded generative AI products) possess the ability to inspect financial statements with superior precision than humans.

The discoveries from scholars at the University of Chicago suggest significant implications for the future of financial examination and decision-making as AI becomes more widespread.


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