It's not easy, but it is possible to build an actuarial chatbot and train it to be your useful assistant.
If a bot has been trained on material which has been copywritten, then the output of the bot suffers from the same problem.
Confidential information needs to always be kept confidential, and should never be fed into a bot.
A bot trained in the actuarial sphere would be what's called a "domain-specific bot", as it specialises in a certain field, as opposed to a generalist bot which you can ask anything.
Generative AI models create new content; for example ChatGPT which is the user interface which interacts with the GPT (Generative Pretrained Transformer) language models (GPT 3.5 and 4.0). Large language models have large amounts of text (language) information going into train them, language refers to them using the written word (text), and models because they are essentially predicting the next part of a conversation.
Actuary exam bot aims to be "an AI tool that generates answers for trainee actuaries to study and revise from."
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