Unleashing the wordsmith: Analysing the stock market reactions to the launch of ChatGPT in the US Education sector*

被引：3

作者：

Wahyono, Budi ^{[1
]}

Rapih, Subroto ^{[2
]}

Boungou, Whelsy ^{[3
]}

机构：

[1] Univ Sebelas Maret, Dept Econ Educ, Surakarta 57126, Indonesia

[2] Univ Sebelas Maret, Dept Off Adm Educ, Surakarta 57126, Indonesia

[3] Paris Sch Business, 59 rue Natl, F-75013 Paris, France

来源：

FINANCE RESEARCH LETTERS | 2023年 / 58卷

关键词：

ChatGPT; Education stocks; Artificial intelligence; Stock market; EVENT;

D O I：

10.1016/j.frl.2023.104576

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Is the stock market reacting to the launch of ChatGPT? This study examines the reaction of US education firms to the introduction of ChatGPT, an advanced language model. Our event study methodology reveals a significantly negative investor reaction to the launch of ChatGPT in US education stocks. Furthermore, we observe that responses were more pronounced for education and training services companies (traditional) than for professional and technology services companies (technology-based). In so doing, this article sheds new light on the responses of the stock market to the launch of ChatGPT.

引用

页数：7

共 16 条

[1] Has ChatGPT Disrupted the Education Sector in the US?
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