AI experiment involving ‘temporal validity’ could have significant implications for fintech

Teaching AI to understand the importance of timeliness could lead to better prediction models.

A pair of researchers from the University of Innsbruck in Austria have developed a method to determine how well an artificial intelligence (AI) system is at understanding ‘temporal validity,’ a benchmark that could have significant implications for the use generative AI products such as ChatGPT in the fintech sector. 

Temporal validity refers to how relevant a given statement is to another statement over time. Essentially, it refers to the time-based value of paired statements. An AI being evaluated on its ability to predict temporal validity would be given a set of statements and asked to choose the one most closely related through time.

In their recently published pre-print research paper titled “Temporal Validity Change Prediction,” Georg Wenzel and Adam Jatowt use the example of a statement wherein a person is declared to be reading a book on a bus.

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Source: https://cointelegraph.com/news/ai-artificial-intelligence-experiment-involving-temporal-validity-significant-implications-fintech