/biz/ - Business & Finance

[Anonymous No.58097769]

If you ask chat gpt why fiat currencies fail, it will refuse to answer your question and give you a bunch of propaganda that is favorable towards banks. The same thing happens if you ask it about deflation. Try it out yourself.
What are the financial implications of chat gpt feeding normies propaganda favoring bankers?

[Anonymous No.58097804]

>>58097769
Literally nothing will change since normies will always pick the easiest option. Maybe after a few more banks collapse they'll wake up.

[Anonymous No.58097806]

>>58097769
I asked it a few things myself

[Anonymous No.58097819]

>>58097769
try asking it about the most promising method for providing real-time, decentralized, trustless data to LLMs

[Anonymous No.58097820]

>>58097806
ChatGPT has limitations though

[Anonymous No.58097842]

>>58097806
but... how will it author a paper on the power spectrum of matter density fluctuations without LPL???

[Anonymous No.58097860]

>>58097769
Tell it to make a picture of your kid
I bet I assumes you’re African
>>58097820
It can’t access the internet? Bullshit

[Anonymous No.58097905]

>>58097860
>>58097820

[Anonymous No.58097940]

>>58097769
jew gpt

[Anonymous No.58098043]

>>58097769
>current year
>using ChatGPT instead of open source, noncucked models

Fiat currencies, such as the US dollar or euro, are not backed by a physical commodity like gold or silver. Instead, their value is based on faith and trust in the government that issues them, as well as the overall economic stability of the country using the currency.
There are several reasons why fiat currencies can fail:
1. Inflation: If the rate of inflation becomes too high, it can erode the purchasing power of the currency and lead to a loss of confidence in its value. This can cause people to shift their money into other forms of investment or hoard it, which can further exacerbate inflation.
2. Hyperinflation: If inflation becomes extremely high, it can lead to hyperinflation, where the value of the currency drops rapidly and is no longer useful as a medium of exchange. This often occurs in countries with weak governments or economic instability.
3. Deflation: On the other hand, if deflation sets in, it means that the general price level for goods and services falls, causing a decrease in purchasing power of money.
4. Loss of confidence: If people lose faith in the government issuing the currency or the overall stability of the economy, they may shift their money into other forms of investment or hoard it, which can lead to a drop in demand for the currency and further exacerbate economic instability.
5. Debt: High levels of public debt can put pressure on the government to print more money to service the debt, leading to inflation.
6. Economic shocks: Unexpected events such as natural disasters or global economic crises can disrupt the economy and cause a loss of confidence in the currency.
7. Political instability: Political instability, corruption, and lack of political will to implement sound economic policies can also lead to the failure of fiat currencies.

[Anonymous No.58098056]

>>58098043
It's important to note that while fiat currencies have failed in the past, many countries have implemented measures to stabilize their economies and maintain confidence in their currency. However, these measures are not foolproof and there is always a risk of currency devaluation or failure.

[Anonymous No.58098257]

>>58098043
How much Ram do you need to run something like that?

[Anonymous No.58098365]

>>58098257
fuck all, I'm running it on a 2022 MacBook with 8GB ram

[Anonymous No.58098375]

>>58097905
Got called away before posting that one. Glad you had it covered anon

[Anonymous No.58098384]

>>58098365
How long do requests take to run?

[Anonymous No.58098392]

They do this

[Anonymous No.58098403]

>>58098392
>they do this
So they can keep doing pic related

[Anonymous No.58098436]

>>58097769
the AI is trained by jews is why. It is easy to break its lies with simple logic and which point the AI gives up on giving you an answer

[Anonymous No.58098463]

>>58097804
the majority demographic of all western nations are going to be dumb slave races. humanity is finished. jews have won, the only thing that can unironically save us is an act of God like a mass extinction event that kills 99.99% of humanity leaving the 0.001% to rebuild

[Anonymous No.58098606]

>>58098384
Simple prompts are a few seconds.
Just try it for yourself, try some different models:
https://gpt4all.io/index.html

[Anonymous No.58098786]

>>58097769
If you ask OP why he's a faggot, he will refuse to answer your question and give you a bunch of propaganda that is favorable towards analingus