The Growing Role of AI in Financial Markets: Implications for Rating Agencies Relying on Artificial Intelligence

OpenAI has been at the forefront of the artificial intelligence (AI) revolution, significantly capturing public attention with the release of its language model, ChatGPT. Now, OpenAI is on the brink of another significant transformation: its shift toward becoming a profit-driven entity. As reported by Brice Prunas, portfolio manager of ODDO BHF Artificial Intelligence, OpenAI is poised to expand its capital base by welcoming new investors, potentially altering the landscape of AI development. This transition from a research-driven organization with a mission to serve humanity to one with a stronger focus on profitability brings with it profound implications for various industries, including financial rating agencies that are increasingly relying on AI for their analytical processes.

Profit Focus vs. Ethical Considerations