Wall Street’s ChatGPT Nightmare Is Over Before It Starts as Banks Crack Down

  • Traders experiment, but quickly find the AI system’s limits
  • JPMorgan, Goldman, Citigroup restrict access to the technology
Photographer: Gabby Jones/Bloomberg
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In a dark future for humans on Wall Street, banks fire traders en masse as artificial intelligence models like ChatGPT take over bond and commodities markets that were once too tough to automate.

But not yet. And maybe not ever.