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Problem is data privacy. We have been instructed not to upload any company data on ai sites. Lets see how they solve them.
@robertk183410 ай бұрын
Us too
@carlocalingasan99810 ай бұрын
That is the business model of OpenAI and other upcoming AI companies. They will offer businesses customized, closed and secure AI engines that could only be used within the confines of the company's network.
@mathijs936510 ай бұрын
Still dont recommend.
10 ай бұрын
Exactly! This is useless because of lack of data privacy.
@Sindigo-ic6xq10 ай бұрын
gpt team is private, just upgrade it
@miamisasquatch10 ай бұрын
If you think excel is dead you don't know excel
@VikasBhargava198110 ай бұрын
Not excel, manual or formula data analysis is dead already. Excel is a data structure in tabular form to manipulate. All the power of analysis is on the AI side soon which will be faster and trivially done by anyone without knowing Excel. You can store all the data you want in it and just cause it's a table, it will survive as a data saving format. But not for much longer.
@oscarzapatajr29 ай бұрын
I understand both points of view, new technologies have been trying to kill excel for more than 20 years now unsuccessfuly... But maybe this time is different? But also notice that when asked why profits when down the last year, the AI suggested different reasons without providing the correct answer... This will mean that the data analyst will still need to have skills in excel, powerbi or other data analyst tools to drill in and find the currect reasons... I believe that the data analysts that will survive the AI apocalypse are the one that can automate and speed up their work working WITH this new AI tools, no against them... We have done it before. When powerbi appeared, people that adapted and learned and added that tool to our arsenal did very well... AI could be another tool that data analyst power users can use to become faster and more skilled in our job... Beside, you still need to ask the right questions to the AI and decide on the best provided solutions, and that is exactly the kind of things that good data analysts can do very well...
@danchris71799 ай бұрын
Excel has huge problems. You cannot use it in git. You cannot test it in a god way. The amount of data is limited and its slow. The reason why its still in use is, because people with an economics background need bullshit jobs. Thats why ai systems won't kill Excel
@agentsmith79479 ай бұрын
Is it dead lol
@scottbucky6189 ай бұрын
If you think this KZbin video title is an accurate representation of what the creator thinks or what the video is about and not just a clickbait title then you don’t know KZbin
@marioustxexcel637510 ай бұрын
Excel VBA is still the most widely use tool for engineering and finance. Wait until you have a question from an external auditor. You still need to know the underlying process. Engineer questions are not that simple to infer. For example I just asked co pilot why the coefficient of correlation doesn’t display correctly in charts sometimes and he didn’t know why.
@aanlungyee95339 ай бұрын
appreciate you shared the idea which most of us had never looked into :)
@piotrniec96389 ай бұрын
A cholera !! W ogloszeniach o prace ciagle chca SAP i ERP !!!
@andydambo3 ай бұрын
what if the auditor is an AI?
@bms465410 ай бұрын
O yes, the demo with this perfectly cleanly structured 100 row data. Gaining insights is 20% of a DAs role.
@marcuskenyon524410 ай бұрын
@@dreamcatcher3748 Getting the data sufficiently cleaned up and formatted to be able to glean those insights.
@jwia00710 ай бұрын
Structuring the data is the other 80% 😅
@lloydmcleod62910 ай бұрын
"Data Analyst" as a role is misleading. You're a Data-preprocessor with a side of analysis.
@FibaFanatic10 ай бұрын
Ah, the old clickbait title. Even this guy does it. AI influencers do it a lot.
@soccerstarsz10 ай бұрын
The tool is pretty good at cleaning data. I have been helping a company clean up their database with 30 years of junk!
@PolyInProg10 ай бұрын
This is fantastic for ease of use, but slightly terrifying as an analyst watching a tool created that can allow entry-level hires to complete high-level tasks with no actual knowledge (which were prerequisites for hire initially)
@PolyInProg10 ай бұрын
I suppose my biggest solace lies in the fact that I’m employed in a secure facility. The data we work with requires security clearance to access it, so I don’t need to stress about losing my job to some yahoo who used this tool to “look good without learning” since we would never be permitted to have Chat-GPT on our devices or export a file to use on a personal device.
@sa34w10 ай бұрын
@@PolyInProgit could change drastically there are LLMs which are being developed which will run on premise servers , training will be done on Large Datasets but no data will be sent outside 😂 no one is safe in AI revolution
@sujal_thakkar10 ай бұрын
Good, triumph in darkness, assuming there's no Sun at all 😊
@DuAuskenner10 ай бұрын
Sorry, but what kind of „high-level task“ were presented here?
@chipcook534610 ай бұрын
It can allow entry-level people to make huge and horrifying mistakes because they can't tell what they are looking at, just like highly automated industrial equipment can be run by a noob, but...
@NICOLASLAM-xy6mn10 ай бұрын
Chat is really useful. It’s even more useful if you have some sort of background in what you’re trying to excel at (no pun intended). That’s why people are so scared to use it, it can be used for almost anything but most people don’t have the necessary information and knowledge to maximize its use.
@uchennaduru872210 ай бұрын
The cool thing here is that it makes it easy to learn the tools faster and get personal projects dine in time.
@DeepThinker19310 ай бұрын
...this won't replace data analysts because you still need someone to curate and collect the data and make certain there's no discrepancies in the real world. If anything, it makes a Dat analysts life easier. You're always going to need a human to communicate. Experience is key.
@Cybertruck100010 ай бұрын
AI will communicate it better than a human. I think you are overestimating humans in that respect. It's early days for AI and it moves and improves faster than we can imagine.
@thisismarkbro10 ай бұрын
you don`t need to paid full price anymore
@distilledgogilba10 ай бұрын
It might not replace human analysts per se but it will definitely have an impact on how many analysts it takes to do the same amount of work. If AI tools help reduce the need for technical know-how and allow analysts to do a piece of work 2x-3x as fast, that increases the pool the people who could do analysis AND reduces the number of analysts required, a double whammy when it comes to the job market for analysts.
@kingwesleyXIV10 ай бұрын
@@thisismarkbro no... I'm not a data analyst... But my prefomance is tied to my pay... If i get paid less than I'm not going to give my best
@mithunshet592210 ай бұрын
@@distilledgogilbaThere is hell lot of big data to be analysed .. Excel in this era is totally outdated as it hardly handles a million row data .. You need skills to work on cloud, build ETL to automate process and connect to a BI tool which again comes with set of measures to be created, BI has to be optimised to perform stutter free especially on realtime big data.. plus data handling comes with set of security that needs to be handled.. First understand what data analyst do and then think how AI will help in certain tasks.. I use chat gpt to correct my DAX measure or M codes, create customised plots through python, understand business problems if it's out of my domain and many more.. The one showed in video is very basic for industry standards.. Don't get panicked or panic others who are passionate in this area..
@PrimaryIgnition10 ай бұрын
ChatGPT told me to take a break and come back later. Guess we all need a breather now and then. Amazing video btw, thanks!
@JBB68510 ай бұрын
Most of the time that happens I’ve hit a dead end. If you start over and summarize what you gained from the last conversation it gets going pretty well
@Dragontbone10 ай бұрын
As someone who is an analyst, this is both terrifying and amazing. However, your data is very clean. If you give it some data that’s dirty, it does a terrible job and will fail.
@tok187910 ай бұрын
How are you so sure that's what will happen?
@Dragontbone10 ай бұрын
Because I’ve tested it. I’ve tested its ability to clean data and it usually ends up screwing it up. It’s not optimized for cleaning data right now.
@tok187910 ай бұрын
@@Dragontbone oh ok
@Drfresh140210 ай бұрын
The thing is, dirty data is data full of bad patterns like null rows and columns. If you ask me data cleaning will eventually be a breeze for AI.
@gd820510 ай бұрын
Today is the worst AI will ever be….
@timstone86910 ай бұрын
Chat GPT is a wonderful tool for somethings, but I for one would not be prepared to upload my very sensitive financial data to anywhere in the "cloud" to anyone for any reason!
@mrwonderful46162 ай бұрын
Or simply mask out the PII data before you upload. Hell, I can upload a financial spreadsheet with all kinds of made up numbers.
@minimal22243 күн бұрын
You can host locally as well
@hikikomorihachiman749110 ай бұрын
That last quote was a banger Kevin!!! “You don’t need to know how to use the tools , you just need to ask the right questions and to make the right decisions.”
@talkinghat8810 ай бұрын
Great video! Companies paid their price to avoid hacking and yet many are going to pay to expose themselves with AI.
@Beloved_Digital10 ай бұрын
The value now comes from knowing how to ask the right question no longer how to use the tool. Domain knowledge+Prompt engineering. Thank you Kevin 😊
@StefanValica10 ай бұрын
Ďakujeme.
@CarlosRamirezTrades10 ай бұрын
I always love the "If you'd like to follow along" feature to videos and you've added this and done well with it! Thank you for sharing! Let's connect
@yannkitson11610 ай бұрын
This is true, but these functions are better exploited by analysts because they have the knowledge of how to perform analysis and what type of analysis is most appropriate for various cases.
@davidblack197010 ай бұрын
If you upload an Excel file into ChatGPT as highlighted in this video, would you not worry that all the data within the file becomes part of the AI, and therefore part of the whole AI realm? If that's the case, then your data is part of the AI realm, and might be accessible to/by other users.
@tech647410 ай бұрын
Where do you save your Excel files?
@tarunsen48554 ай бұрын
this is simply insane ! makes works so smarter and efficient and helps in free up time to pick up some more pressing tasks . thanks, Kevin, for sharing tips & tricks along with tutorials. You have touched many lives .
@steamd4gaming7 ай бұрын
I completely agree. I believe the future of data analysis will not primarily hinge on proficiency with tools like Excel, SQL, Python, or R. Instead, it will revolve around effectively communicating with AI systems, such as ChatGPT, and other emerging technologies. Mastering AI language will become a crucial skill across all professions. However, a solid understanding of your specific professional functions will be essential. It will enable you to craft precise prompts, ask relevant questions, and identify potential errors in AI-generated responses.
@joebee343810 ай бұрын
Yes, you are right, its truly incredible.
@SuperMarko.10 ай бұрын
Can it do data cleaning? Or can it analyze raw data, data thats not yet cleaned?
@Saiyajin4762110 ай бұрын
You’ll just have to explain to it what is “cleaning” and make some samples for it to know what do you mean and then prompt it to work on it.
@infinger20069 ай бұрын
Yes, it can clean the data, but it's not perfect. You'll likely need to guide it, but it can pick up on the basics.
@carljonascords13929 ай бұрын
Can confirm. I threw a sheet with different daily rates for 3 roles in 3 tiers each by staffing companies ( procurement data) . WIth the initial prompt "Which company is the cheapest" and a couple of replies to GPT asking me I arrived at a list cheapest to most expensive on average. WIld.
@Oilcruzer10 ай бұрын
Will it coordinate an in depth analysis of internal and world event driven items such as the loss of a key employee, bringing on a new vendor, a flood in the region, the Suez Canal impacting just in time delivery dates, changes in laws or government, multiple data souces… and things you have not considered, when making predictions?
@kapenijuniormatatia999 ай бұрын
A user can own Excel and can use it offline Nor are they required to upload/share their data to some 3rd party, chatGPT. Still very useful,, especially when working with data that isint sensitive
@douglasblackburn739610 ай бұрын
Is the "Data Analyst" tool available within the current GPT-4? I do have a premium subscription and access to the custom GPT's. So my question is: If I were to upload an Excel file to the GPT-4 chat, would the results be the same as the results inside Data Analyst?
@emmanuelezenwere10 ай бұрын
I’m interested in the answer to your question
@josephw969010 ай бұрын
Great video! You missed to show that you can ask GPT for a downloadable png of the graphs You can also do so much more, like flowcharts, mind maps, heat maps, etc
@KevinStratvert10 ай бұрын
Good point!
@josephw969010 ай бұрын
@@KevinStratvert In my case, I had a sheet with several thousand rows of Amazon sales data, including daily and hourly data. GPT was able to analyze it and give me deep insights, such as hourly and daily trends. Plus, it provided me with super cool graphs to show YoY comparisons and hourly sales heat maps too. I was super impressed and actually found it very useful.
@McKaySavage10 ай бұрын
Thinking on this more, beyond the magic of seeing the GPT engine produce analysis, the Achilles heel of this tool is its single use and lack of memory. There is no memory after the session of questions. Every spreadsheet analysis is one off. Super the boss might think it’s amazing the first time, but as soon as the spreadsheet changes - and it always does - you’ll have to start the chat and all your questions and charts all over again. Suddenly it doesn’t seem such a time-saver. Meanwhile, if you get your data person or the Excel whiz 2 seats over to make a pivot table, chart, or a full data model and automated dashboard, they’ll update instantly as new data gets put in, changed, or corrected. Waaaay better for anything more than the most simple of questions any business not started literally yesterday should already have answers to.
@utube101x10 ай бұрын
I think it's nice that AI is able to read through spreadsheets and derive some meaning, but it's still a far cry from actually working with the data. These tools are still evolving not able to handle complex or dirty data and have limits. It's the same as using AI for any other work, you must be aware of what it knows, ask your questions carefully and double check the results. At the moment the only danger to anyone's job will come from managers who don't understand the job. It's up to you (the data analyst) to make them aware of what you do over what the tool does. Turn it on its head and show how the tool could help you but not replace.
@BPMa14n10 ай бұрын
Yeah once it starts interpreting dirty data and cleaning it up like a good human analyst does but in 10 seconds vrs an hour for a human that will be cool to see
@salvadorseekatzrisquez294710 ай бұрын
2:24 I was wishing you would click on the Clip to see if it any other option such as a Google Sheets instead of just Excel or what other format type there were, or maybe to pull a file from Dropbox, etc.
@IversusAI7 ай бұрын
That is now available! You can upload from Google Sheets and OneDrive!
@jerrydellasala764310 ай бұрын
Great video. Next, show how to use it to generate files (PDF, PowerPoint, Excel w/Charts/Dashboard, Power BI) to convey the information!
@pwells238910 ай бұрын
Super vid! I uploaded your KCC to gpt and asked it a bunch of questions. Very helpful results and useful insight into how far this can go.
@MDZzzzz9 ай бұрын
Chat GTP sounds good in theory, but when you need to load your own data into it, (using a spreadsheet) as how your supposed to avoid using (because you said it was too cumbersome, no one wants to use formulas) Where doss your info go, how it's used, who has access to it. Where is the privacy?
@peterdavis940310 ай бұрын
But can it add data to the spreadsheet? I'd love to have it as an assistant that you could tell to add a new stock purchase to my existing portfolio in all the right places and formats and links to tax portions of same spreadsheet.
@blessingeperetun518310 ай бұрын
Damn! Mind blowing About to show my boss some levels
@AlomMohammad10 ай бұрын
Wow! This video blew my mind! ChatGPT's Data Analyst is a game-changer for data analysis. Thank You Kavin!!
@sebastianfranco81158 ай бұрын
If you have experience in data analysis, you will know this is pretty basic stuff and it’s far from being a game changer
@sunflash1018 ай бұрын
Is the data that you upload into ChatGPT confidential? Could the data be used to further develop the model and/or be utilized as supporting evidence/data for prompts by other users or is it isolated? Would you redact the workbook before uploading it?
@velious212110 ай бұрын
Does this mean that sql is dead if we can query a database with a simple, more English friendly chat prompt? I would assume that gpt can even edit data in rows and columns too?
@BigGuy10Points10 ай бұрын
No sql has been available for a long time.
@speedymr10 ай бұрын
@@BigGuy10Points LOL "has been" not anymore. Last 1-2 years everything changed and will change faster. RIP SQL and Excel and Data Analysts and video editors and graphic designers etc.
@Redmanticore10 ай бұрын
@@speedymr it just makes their work faster
@SprakanaKerum10 ай бұрын
I remember my excitement in 1999 when Google Search became open for the public at large. Haven't had that same feeling in 25 years until now with ChatGPT 😊
@betimz10 ай бұрын
Going from Altavista to Google was not that huge of a leap like GPT is lol
@SprakanaKerum10 ай бұрын
@@betimz I never used AltaVista.
@PurpleHeart7385 ай бұрын
In the case of a Data Analyst's employer - company data, that is sensative. Employers expect you to keep their data within thier intranet or approved vendor portals. You will not be able to drop any such files into this tool, sharing it with non company systems is a violation of InfoSec policy.
@PaulMiller-f8r6 ай бұрын
Can ChatGPT do cluster analyses or similar? That'd be really helpful. If it can, do the same data assumptions apply, or would it be able to recognize clusters without making sure these assumptions are met. Thanks, Kevin. You rock.
@mattyz238510 ай бұрын
It’s great for simple data, would be great self serve for basic request…feed it specific data
@goldengilmaky67889 ай бұрын
For someone like me who has to analyze a pile of data in a short time, this is gold.
@unknownKnownunknowns8 ай бұрын
curious how it has worked out for you. I have 12 tab sheet that I want to run breakeven analysis by unit, by location, by headcount, etc
@zander948610 ай бұрын
can ai help understand general ledgers in excel for accounting?
@agentsmith79479 ай бұрын
Yes, just tried it, it's insane, my company is sending us to Texas to get some AI training lmao
@statesman637910 ай бұрын
From ChatGPT's solutions, if you click the [>-] hyperlink, does that give you the formulas that it's using to do its calculations?
@BEN90_10 ай бұрын
To be honest it looks good, but i would save time if i use directly a pivot table and insert a chart, at some point you need to do stuff by yourself and not always rely on AI.. :)
@imconfused123710 ай бұрын
Exactly. This IS done better with software. And you can save that file too. You can’t save the output from Chat GPT because it doesn’t produce a saveable file.
@SocratesWasRight10 ай бұрын
Indeed. This can help some total novice, but nothing showed here looks like a time saver, or perhaps those verbal interpretations could be if I write bullet points/hypothesis and ask gpt to elaborate from those.
@grisheldamarks-webster-noa17069 ай бұрын
What is a good alternative to Excel spreadsheet that uses functions that auto-populate depending on a cell's value and auto-calculate also? Some users were not able to use the excel workbook.
@SD-eu7ht9 ай бұрын
What the data size that can be ingested? Where does the data sit? Confidentiality?
@Spatial_Computer9 ай бұрын
Sumif equation for the revenue for one customer, reports though with tables and graphs definitely could hasten doing analytics on a per workbook basis.
@teeing935510 ай бұрын
Dude just gave all his company's secure information to bigdata and now all his competitors can have access to it for a price. Later, the Cookie Company went belly up.
@purplebenisimo10 ай бұрын
I wonder if you can ask the AI what questions and insights should a prudent business leader apply to the data? (i.e. ask AI to ask and answer prudent questions and suggest prudent business decisions to be made accordingly )
@mukundpandey908310 ай бұрын
Things will go to next level when it cab do things for you in excel like making dashboards, etc
@brainactivity7374 ай бұрын
You could also upload screen shots of analysed data whether its tables, charts, or anything else and ask it to analyse it for you. It's a revolutionary learning and productivity machine and I love it 😎💪 That said, it might make mistakes sometimes. So, you should always be vigilant, careful, and even double check the information if you suspect something isn't accurate. It doesn't just do Excel but SPSS, JASP, R, Python and much more. Go have fun with it and happy coding 😁
@the_danz10 ай бұрын
After seeing this video, I can confidently say excel is alive and well. I work in excel for a living and I am probably one of its most proficient users.
@krishgounder511610 ай бұрын
It can also conflict with customer privacy and personal information laws. Once it is on Chat GPT personal and private information will be compromised😢
@SoonerStoneAI10 ай бұрын
You have to watch how you structure your data rows and columns, especially when trying to query (part description to get a part number). You have to order the columns as if a person was reading it. If you are looking for a part number, when using just the description, the description needs to be in the first column, a category column would be even better category>description>part number, instead of the other way around, I was getting some hallucinations the first go ‘round, with my initial format.
@unknownKnownunknowns8 ай бұрын
Thanks. Can the GPT run solver , goalseek? Can it run breakeven and pricing optimization?
@MBMestrado20249 ай бұрын
wow truly instructive videos do exist after all, wow. props bro.
@Ubiselfs10 ай бұрын
it's sad and here I am learning excel hard this past week
@AkshayKumar-vd5wn10 ай бұрын
Same here.
@ottokamberi10 ай бұрын
Do not worry, it is ok to use AI for easy use, but when you have data with thousands of row and columns, even AI cannot accurately analyze that. Imagine even excel crash with those types of data and that is why you would need Power BI or Tableau. Second and maybe it should have been first is privacy of data. There are a lot of companies that don't want their data put in AI. And they clearly specify to not use AI.
@sergiocampodonico699210 ай бұрын
Hi Kevin, could I use this function to solve and learn step-by-step resolution on Calculus problems?
@AliAkbar-bf1md6 ай бұрын
Sir, Please give a video for learning Business Analysis with Excel.
@zacharytripp254810 ай бұрын
If I am 34 and just now entering into the workforce in business, and my only knowledge is knowing how to navigate in excell well, what use am I to the world of business? What do you recommend someone like me learn, in order to stay marketable?
@speedymr10 ай бұрын
Everything changed today's world. If you are just started learning excel you're way behind it... Sorry, but the truth.
@lamboJase7 ай бұрын
When it comes to random data analysis and and requesting to view and structure the data so its presented a certain way can this be done.
@OmideToraby10 ай бұрын
Very cool! I enjoyed it. Art of asking is going to be valuable.
@KChrisWatching10 ай бұрын
So amazing. People/businesses will need to encrypt their spreadsheets. Are we ready for this?
@LatifAmars10 ай бұрын
Hi Kevin, can you do another video of Excel with Copilot Pro or Copilot for Microsoft 365? Want to see how it compares to this
@LeaMaria202010 ай бұрын
Your channel is one of my few, very few favorite subscriptions on KZbin ever.😺Straightforward. With substance.🎀🏆🏆
@RossMaynardProcessExcellence10 ай бұрын
This is a really interesting video. Nicely done. I echo another comment about data privacy, but this seems worth exploring more.
@carlosa71758 ай бұрын
Question can PQ merger and append 2 files, call them file A and File B and place them on a master file C? But files A and B are cleared and new data is add daily. I saw people doing so for monthly but they had 12 files for each month. I don't want to have 365 files at the end
@michelangelomatteoda10 ай бұрын
Thanks for this. I was trying this function of chat gpt before it becomes a separate gpt but I was not impressed by the results. The deduction from the exel file were pretty obvious. I should retest this. Thanks!
@johnvak739010 ай бұрын
Great... Im just learning to be a data analyst and I see this. FML
@vlastimilpetr963010 ай бұрын
nope, you are not 😉
@user-um7tw6kx4r610 ай бұрын
@@vlastimilpetr9630 he is not what?
@speedymr10 ай бұрын
Find something else. No need data analysts anymore.
@kevinknight99710 ай бұрын
Thank you Kevin I hope your company makes even more profit.
@kevinjoseph902310 ай бұрын
Is it possible for this tool to use the two tables and create a3 by combining column from the first two tables?
@bhaarpropertiesllc309510 ай бұрын
How secure would your data be ? Ie could third parties get access to the data in the excels ?
@lucasjammal51539 ай бұрын
If you don’t want to pay, just use Python and R… the codes for data analytics are done, you don’t have to think for the input. Only for the output. If there is something complex, it is the real life job, not how to code the analysis.
@manny847910 ай бұрын
This was awesome! How would we get it to add those created charts and visuals to an Excel or other output file? Thanks again!
@ICTNuggets10 ай бұрын
Thanks Kevin for making this video. Does the data analysis tool within ChatGPT has the feature of predictive analysis based on the data. I mean can it extrapolate the data to predict future trends? and if yes, is there a way we can integrate this with the web application where data is coming on a regular basis?
@-Tharos-10 ай бұрын
GPT-4 can run any ML algorithm over your data to create predictions. GPT is running python on the backstage, so basically you can clean data, analyse it, and make predictions just like if you were coding it yourself.
@pablovent862210 ай бұрын
It’s great. I wonder though, about privacy and data governance issues. Here in Europe, we have pretty stringent rules on data protection like GDPR
@kucingkerong139710 ай бұрын
'ask the right questions and then make the right decisions'
@Apenschi10 ай бұрын
Yeees, but... LLMs have inherent weaknesses that make their reliability at least questionable! Answers from ChatGPT are sometimes funny and sometimes simply wrong. So, I'm really not sure if LLMs are the right technology, when you need results that are ALWAYS precise, true and reliable.
@chipcook534610 ай бұрын
Yup. ChatGPT makes stuff up unless you tell it not to. However, since in this use, the data is all self-provided, I question if AI halucinations happen in this use.
@Apenschi10 ай бұрын
@@chipcook5346 The LLM needs to understand and correctly interpret your language. It needs to understand your column names and map it correctly as input. It also needs to find the formula terms, and so on... there are many things that are not under your control and for which the LLM has to use it's giant neural networks that contain a lot of other stuff that is not related to your problem and may interfere with your intention. But it's also correct, that because of the limited domain of data analysis, it is much easier for the LLM to avoid halucinations and shortcuts. But still I wouldn't trust it if critical decision are to be made based on its results.
@chipcook534610 ай бұрын
@@Apenschi Me, neither. I'm very serious that this will go as the law -- and medicine -- have been going. For that matter as middle management as defined prior to the 90s went. Remember when IBM (we didn't even realize that IBM was getting bashed on the rocks) let go a huge portion of the tax base of, I think, Bryn Mawr by dumping 10,000 middle managers? At least nowadays, you won't necessarily have your entire life destroyed, and you know that your job is always on the block. At least for now, there had better be a skilled analyst involved.
@gj123456789999910 ай бұрын
It’s not that important how chat GPT figures out how to make a poem or picture. But if you are relying on chat GPT to look through a bunch of spreadsheets and say - “your company is profitable” or “it’s losing money” I wouldn’t just say “Ok! I’ll go with that and make a presentation to the shareholders now”.unlike other things in AI you need to know how chat GPT is coming up with these answers.
@maloyaircraft117410 ай бұрын
Is it possible to train a GPT to become familiar with say regulatory requirements? You feed in various amounts of data and then when asking it a question it can respond based on the knowledge you shared with it. For instance 1,000s of pages of scanned regulations
@c.l421910 ай бұрын
No. Chatgpt has amnesia. It for now does not use any new data, or does not keep on learning. It only uses data from before 2022. And in terms of regulations... It has hard times to answer. I tried and chatgpt failed big time.
@skd7 ай бұрын
ChatGPT is wrong many times, even on simple calculations. It's not a reliable tool. It just says "sorry" and tries to calculate again if you confront it...but if you don't know he is wrong, well...all your data will be wrong. Not a reliable tool.
@arvindsinghrawat53810 ай бұрын
How is this better than ChatGPT's Advance Data Analysis plugin(earlier code interpreter)?
@yannkitson11610 ай бұрын
Code Interpreter was renamed Advanced Data Analysis. It is the same tool just with a new name and improved features.
@yellowboat877310 ай бұрын
Same.tool
@ivantrump402210 ай бұрын
Can it make actual changes to the Excel file or just show analytics?
@NBcarol10 ай бұрын
Thank you Kevin. You are just amazing.
@andrescalderon17866 ай бұрын
its only useful if you are able to automate the outputs and able to share it easily, I'm pretty sure it is, but still I wonder how
@anthonygikuri10 ай бұрын
Thank you Kelvin, what about qaulitative data analysis? IN VIVO?
@bobvines0010 ай бұрын
How would your cookie company prevent your competitors from querying the ChatGPT Data Analyst to get your data or at least learn useful info about your company?
@silolojose10 ай бұрын
Curious to know if it can it do a regression analysis and turn it into a model? thanks
@AShina-zn7nx7 ай бұрын
If an Excel toolpak is capable of summarising any parameters related to Regression Analysis, then it wouldn't be an issue for ChatGPT 4.0!
@marksw54999 ай бұрын
Very cool and useful for my data science career
@iTuber01210 ай бұрын
I'll admit it looks interesting. What can it do with data that's not cleaned up?
@strigoiu1310 ай бұрын
This will be addressed in a future... Aaaa... improved model... We are just beginning to... Bla bla...
@speedymr10 ай бұрын
don't worry ai will do everything in the near future. No need for humans anymore.
@jeremiahcomer7 ай бұрын
I gave ChatGPT 850 lines of data and when the results didn’t make sense she apologized and said she only used a sample of the data and then gave me the correct results using all data. The fact that I had to do that made me not trust ai right now.
@davidmurphy5639 ай бұрын
3 million subs generating just 400 comments on a video published 3 weeks ago. You are good at IT.
@manymoms92010 ай бұрын
Love it. I can think of a problem however. My boss would probably be unsure of the accuracy. She'll want to see the workings out. If we ask chagpt to put the workings out in a table would it ?
@thatdudewithachannel10 ай бұрын
I dunno, as an Aerospace Data Analyst, ChatGPT replaced some logic in my DAX logic when asked to make it look pretty and it’s terrified me ever since.
@canslimmaster110 ай бұрын
Yes, truly incredible thank you, Kevin
@randeutch786610 ай бұрын
Yes it's incredible so the conclusion is what the video title saying that this tool can replace excel or we are still not there and can only use it as assistant?