Chat GPT and confidential information

I've been using Chat  GPT to summarize company decks I receive--copy paste the exec sum, ask it to make some 5-10 bullet points, then read the deck with the context that is needed. But if the information is confidential, is Chat GPT using it in some way, or storing the information? It's an incredibly useful tool but not enough for me to risk anything.

 
Most Helpful

The FAQ's on OpenAI say to not store any specific information and/or utilize sensitive information. I'd take them at their word. I would limit usage for business, and my bank doesn't even allow me to access the site on my work computer, to very high level publicly available things that aren't highly specific. 

Admittedly - why wouldn't it? Isn't that the best part of this type of AI, you end up getting more and more information as people utilize it. More styles, more questions, it learns from all of that. Certainly it's mind boggling to store and index that much information - but seems that it's too good to pass up. 

On the MSFT investment - that's a no brainer. Imagine a plug in with their office 365 suite - I know they have the Cortana thing, but this would be incredible to use across their suite. The business intelligence applications would be fantastic IMO. 

 

One question, two answers.

If using your work computer: you’re giving OpenAI access to this confidential info.  The fact that we can’t envision OpenAI having the capacity or interest in abusing the info, is irrelevant.  It’s a breach of the NDA and subjects the firm to legal risk.

If using your own computer: nobody watching, do whatever, who cares really 

 

Sunt ipsum illum iste inventore iure rerum. Distinctio expedita dignissimos amet nemo voluptatem deserunt placeat. Et at officia vel aut illum. Eveniet et sapiente omnis et.

Array

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”