I hate ChatGPT

I have seen it.

 

I asked ChatGPT to generate me a 100 word discussion post on the future of economics with in-text citations and it produced this.

Note some of the links are either not real or victims of link rot (I used GPT 3.5.) Others definitely are real.

Title: The Future of Economics: Embracing Technological Advancements for Global Prosperity

As we venture into the future, the landscape of economics is set to undergo a profound transformation fueled by rapid technological advancements. The integration of emerging technologies, such as artificial intelligence (AI), blockchain, and the Internet of Things (IoT), presents unprecedented opportunities for reshaping economic systems and driving global prosperity.

AI, in particular, is expected to revolutionize industries, optimize resource allocation, and enhance decision-making processes. According to a report by PwC, AI could contribute up to $15.7 trillion to the global economy by 2030 (1). With intelligent algorithms, predictive analytics, and automation becoming mainstream, businesses can achieve greater efficiency and innovation.

Blockchain technology, on the other hand, promises to revolutionize financial transactions, supply chain management, and even democratic governance. Its decentralized nature ensures transparency, security, and the elimination of intermediaries, which can lead to significant cost savings (2).

The IoT will interconnect billions of devices, generating massive data streams. By leveraging this data, policymakers and businesses can gain valuable insights into consumer behavior, environmental trends, and market dynamics, enabling more informed and adaptive economic strategies (3).

Nevertheless, it is essential to address potential challenges in this transformative journey. As automation becomes more prevalent, concerns about job displacement arise. A comprehensive approach, including upskilling and retraining initiatives, will be vital to ensure a smooth transition for the workforce (4).

Moreover, policymakers must develop regulations that foster innovation while safeguarding against ethical dilemmas like data privacy and algorithmic biases. A collaborative effort between governments, businesses, and academia will be crucial in striking the right balance.

In conclusion, the future of economics is undeniably intertwined with technological progress. Embracing AI, blockchain, and the IoT will empower us to create a more interconnected, efficient, and sustainable global economy. By addressing challenges responsibly and collaboratively, we can harness the full potential of these innovations and build a prosperous future for all.

Citations:
1. PwC. "AI's contribution to the global economy in 2030." https://www.pwc.com/gx/en/issues/data-and-analytics/publications/artificial-intelligence-study.html
2. World Economic Forum. "Blockchain: A Guide for Policymakers." http://www3.weforum.org/docs/WEF_Blockchain_Policymaker_Toolkit_2020.pdf
3. McKinsey Global Institute. "The Internet of Things: Mapping the value beyond the hype." https://www.mckinsey.com/~/media/mckinsey/business functions/mckinsey digital/our insights/the internet of things the value of digitizing the physical world/the-internet-of-things-mapping-the-value-beyond-the-hype.ashx
4. World Economic Forum. "The Future of Jobs Report 2020." https://www.weforum.org/reports/the-future-of-jobs-report-2020

 

Interesting. I would include clicking on the links as part of my grading process. It doesn't take long.

 

Today, I incorporated the following into my syllabi. GenAI is here to stay!

Generative AI
Please adhere to the following policy when using GenAI in this course:

• GenAI tools such as ChatGPT may only be used in this course to brainstorm, formulate arguments, or template ideas for assignments. However, no parts of a GenAI-generated response should be incorporated into an assignment.

If you doubt whether you are using GenAI appropriately in this course, reach out to your instructor.

 

How long will it be when an A.I. bot can "like" this post like we did?

 

My online undergrad general ed students and grad level ones have gone from barely cranking out 3 sentences in discussion boards to 1200 word 4 paragraph masterpieces. Must be a coincidence.

 

They will just copy and paste and stick some generic cites. The posts are so long no one is going to read them in a 20-40 student class.

 

In the good old days you had to go find some obscure books in the stacks, take them to quarter operated typewriter because the Xerox machine access was limited by the librarians to prevent cheating, and copy it. No one could do a footnote to save their life on a typewriter and in line cites had not been invented or at least were not required at the ungrad level. In other words nothing new here except the amount of stupid assignments have multiplied.

 

Hmmm, Maniac. What you wrote sounds like a common old-guy experience to me...

He says, "Son can you play me a memory?
I'm not really sure how it goes
But it's sad and it's sweet and I knew it complete
When I wore a younger man's clothes" - Billy Joel.

I've loved that song for many years. Since 1973, in fact. I can feel it, every time.

 

So do I. For the past sixty years... even have one Sonny Terry gave me in the 1960s. Lots of good Blues harmonica players, but to me, he was the BEST, bar none. A very nice man, too. https://en.wikipedia.org/wiki/Sonny_Terry