NC treasurer announces 12-week artificial intelligence pilot
The state Treasurer's Office is using ChatGPT in a 12-week artificial intelligence pilot program.
State Treasurer Brad Briner said the department is using the OpenAI product to identify businesses with unclaimed property and analyze local government financial data.
The office is a repository for unclaimed money from bank accounts, insurance policies and other sources, and seeks to find the people and institutions who own it. The department's State and Local Government Finance Division monitors the fiscal health of local governments and government entities and approves their requests to borrow money.
ChatGPT won't replace employees, Briner said, and the agency is using OpenAI's product at no cost.
'Imagine the time saved when ChatGPT can help summarize reports, identify warning signs in local government financial audits, or do deep data searches for unclaimed property,' he said. 'This allows our team of dedicated professionals to focus on higher-level strategic decision making and financial stewardship. ChatGPT is not replacing human expertise. It is augmenting our capabilities and enabling us to make more informed data-driven decisions.'
ChatGPT won't have access to private, personal data, Briner said. His office oversees the health plan for state employees.
Briner made the announcement at NC Central University, which has an Institute for Artificial Intelligence and Equity Research.
Chan Park, head of U.S. and Canada Policy and Partnerships at OpenAI, Ronnie Chatterji, OpenAI's chief economist, and NCCU Provost Ontario Wooden joined Briner at the announcement. Chatterji was once a candidate for state Treasurer and worked for former President Barack Obama.
Pennsylvania announced a ChatGPT Enterprise pilot program last year, and Minnesota is using ChatGPT in its translation office.
The treasurer and people working at the department have important jobs serving the public, Chatterji said.
'If these tools can help them better deliver those services, and if leaders like Brad have the courage to implement these things, we're going to get better results, and it's going to be a better place to do business,' he said.
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