Hedge funds race to tailor ChatGPT for time-consuming research chores

Chris Pulman used to spend two days prepping previews for central bank meetings. Now it can take the chief economist for macro at Balyasny Asset Management as little as 30 minutes. Thanks to the new amped-up generation of artificial intelligence, chatbots are now carrying out his time-consuming research chores. "We found they're actually substantially more powerful than you think at first," said the Balyasny economist, referring to large language models.