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Financial Text Sentiment Analysis Based on ChatGPT—Taking the Real Estate Industry as an Example
Lin, Jinlin; Chen, Qifu; Li, Sai; Li, Bixuan; Yen, Jerome
2024-02-22
Conference Name8th International Conference on Data Mining and Big Data, DMBD 2023
Source PublicationCommunications in Computer and Information Science
Volume2017 CCIS
Pages181-195
Conference Date9 December 2023 through 12 December 2023
Conference PlaceSanya
CountryChina
PublisherSpringer Science and Business Media Deutschland GmbH
Abstract

In the era of artificial intelligence technology, it has become a trend to combine artificial intelligence technology with other industries. As an emerging force in artificial intelligence, ChatGPT provides new ideas for the combination of the financial industry and artificial intelligence. This paper focuses on whether it is feasible to apply ChatGPT to analyze text sentiment in financial markets. We collected three types of financial texts from different information sources, designed two rounds of experiments based on the subjectivity of the texts, “Industry Emotional Training” and “Enterprise Emotional Training”, and compared the performance of ChatGPT3.5 and ChatGPT4.0 horizontally. Experimental results show that it is feasible to use the ChatGPT tool to analyze text sentiment in financial markets. Based on the differences in the performance of different versions of ChatGPT, ChatGPT4.0 is better than ChatGPT3.5 in analyzing financial market text sentiment. These findings provide support for the development of ChatGPT in the financial industry. This paper further explores how ChatGPT can be applied to a wider range of financial scenarios in the future, allowing AI technology to better assist the digital transformation of the traditional financial industry.

KeywordArtificial Intelligence Chatgpt Financial Market Sentiment Analysis
DOI10.1007/978-981-97-0837-6_13
URLView the original
Language英語English
Scopus ID2-s2.0-85187696478
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Citation statistics
Document TypeConference paper
CollectionFaculty of Science and Technology
DEPARTMENT OF COMPUTER AND INFORMATION SCIENCE
Corresponding AuthorYen, Jerome
AffiliationUniversity of Macau, Macao
First Author AffilicationUniversity of Macau
Corresponding Author AffilicationUniversity of Macau
Recommended Citation
GB/T 7714
Lin, Jinlin,Chen, Qifu,Li, Sai,et al. Financial Text Sentiment Analysis Based on ChatGPT—Taking the Real Estate Industry as an Example[C]:Springer Science and Business Media Deutschland GmbH, 2024, 181-195.
APA Lin, Jinlin., Chen, Qifu., Li, Sai., Li, Bixuan., & Yen, Jerome (2024). Financial Text Sentiment Analysis Based on ChatGPT—Taking the Real Estate Industry as an Example. Communications in Computer and Information Science, 2017 CCIS, 181-195.
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