The new language technology is a big leap forward, but how will internal auditors leverage its capabilities and address its risks?
OpenAI’s ChatGPT language platform is generating tremendous buzz for its ability to generate human-like responses. It could free internal auditors from performing mundane tasks, allow them to provide real-time assurance, and even help their writing.
Financial services firms have been early adopters of automated chatbot technologies for applications such as customer service. Now an exciting new leap in artificial intelligence is opening the door for organizations and internal auditors to use chatbots in a wide array of new applications.