Central bank explores use of tools similar to ChatGPT to help draft briefings and write newsletters.

The European Central Bank is experimenting with generative artificial intelligence across its operations to speed up basic activities, from drafting briefings and summarising banking data to writing software code and translating documents. The move comes as central banks cautiously explore how to harness the latest advances in AI, including large-language models such as ChatGPT, though they stress it is a long way before it could be trusted to help set interest rates and other monetary policies. Click here to read the full article