How to use ChatGPT o1 for Stock Analysis?
If you haven’t read about the new model of ChatGPT, read this first.
In a nutshell, the new ChatGPT o1 model, released by OpenAI, improved its AI’s reasoning and problem-solving capabilities.
It’s specifically designed to handle complex tasks in areas like advanced mathematics, physics, coding, and strategic ideation.
Unlike the GPT-4 series, which is more general-purpose, the o1 model excels in tasks requiring deep reasoning and step-by-step problem-solving.
The o1 series comes in two versions: o1-preview and o1-mini.
The o1-preview model offers advanced reasoning, making it useful for tackling scientific, technical, or highly structured writing challenges.
The o1-mini version is optimized for tasks like coding and debugging, offering faster, cost-effective performance, although it lacks the broader world knowledge found in the larger models.
These models are currently available to ChatGPT Plus and Team users, but with limited usage (30 messages per week for o1-preview and 50 for o1-mini).
OpenAI also plans to extend access to free users and enterprise customers in the future.
However, some tools available in GPT-4 models — like web browsing, memory, and file uploads —…