Can ChatGPT Replace Human Valuers?

Can ChatGPT Replace Human Valuers?

Kenneth Ma

As artificial intelligence (AI) technology continues to evolve, many industries are considering the implications of replacing human expertise with AI-powered tools. The field of valuation, which involves assessing the worth of assets, businesses, and properties, is no exception. Can ChatGPT, an advanced AI-driven language model, replace human valuers? In this article, we'll explore the capabilities of ChatGPT, compare it with the roles and responsibilities of human valuers, and discuss AI's potential advantages and limitations in the valuation process. Additionally, we will delve deeper into the hybrid approach that combines the strengths of human valuers and AI-driven tools like ChatGPT.

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