Large Language Models for Understanding Personal Finance

Explore how large language models (LLMs) are revolutionizing personal finance understanding in this 42-minute conference talk from the Data Science Festival. Discover how Cleo, a financial health improvement platform, leverages LLMs like GPT-4 to analyze bank account data and provide personalized financial coaching through a chat interface. Learn about the potential of LLMs to replace traditional pipelines of classifiers and handwritten rules in production machine learning. Gain insights into the considerations involved in choosing between hosting models internally and using external APIs. Presented by Benj Pettit and Hannah Slatford, this session from the 2023 MayDay Data Science Festival at CodeNode in London offers valuable perspectives on the application of conversational AI and machine learning in the financial sector.