Have LLMs improved over the last year? Comparing their responses to our books' prompts a year later.
Ernie Chan (noreply@blogger.com)
The answer to this question may seem obvious if you read the breathless proclamations of AI luminaries, but good quantitative investors should be hype-immune. We want to carefully compare the ChatGPT’s unsatisfactory responses to a couple of the prompts outlined in our book (which are mostly generated in early 2024) to their responses now (April 2025). In addition, if ChatGPT’s response is still not satisfactory, we want to compare the responses of several popular LLMs, some of which weren’t eve