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What ChatGPT Means for the Finance Function

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What does ChatGPT mean for the finance function? Read this Q&A with GartnerFinance expert Mark D. McDonald to learn more: Gartner_inc

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They must prioritize prerequisites for future use of ChatGPT and similar technologies within the finance function, including identifying appropriate potential use cases and discussing how ChatGPT and other large language model-based applications could fit within the function’s technology strategy, as well as how employees view this technology., but as it is now, it has some limitations for practical use in finance.

Q: There is a fear among some people of ChatGPT, and other forms of AI, taking away jobs in corporate finance. Is this fear justified?Most people employed in a finance function will tell you there is no shortage of work to do. In many cases, finance is just about keeping pace with the bare minimum of running the business and meeting regulatory requirements.

 

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