ChatGPT announced Russia’s ability to cope with the challenges facing the economy
ChatGPT chat-bot predicted what awaits the economy of Russia: despite the problems it faces, it is able to cope with the challenges, so the neural network responded to questions from RIA Novosti.
ChatGPT, launched by OpenAI, became popular last fall.
The chatbot recalled that Russia has a large economy, and the state has accumulated significant resources. In addition, Russia has large reserves of minerals, including oil and gas. All of this allows Moscow to achieve stability in the economy, levelling the influence of external factors, ChatGPT said.
The neural network indicated its inability to make accurate predictions, but noted that it is able to summarize publicly available information and expert points of view. However, it pointed out that it was trained on information obtained before the fall of 2021.
ChatGPT noted that Russia is facing economic challenges, including rising prices, falling oil and gas prices, sanctions and a long period of slow GDP growth. However, the neural network reminded us that the year before last, Russia achieved economic growth to pre-pandemic coronavirus levels due to higher oil prices, increased consumer demand and government support measures.
However, problems are still present in Russia’s economy, the chatbot said. It said inflation and lower resource prices could have a negative impact on the economic situation.
ChatGPT cited experts who advocate structural reforms in Russia, including reducing government spending, supporting the private sector and improving the business climate.
“However, such changes can take a long time and will require serious efforts from the government and the business community,” the artificial intelligence warned.
The chatbot also pointed to sanctions as one of the main risks for the Russian economy. However, it acknowledged that there are diametrically opposed opinions on the matter among international experts.
“Some believe that sanctions can lead to increased nationalism and aggression in Russia, as well as damage the economies of Western countries. Others argue that sanctions are an effective way to put pressure on Russia and protect the interests of Western countries,” the neural network said in its response.
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