JPMorgan Chase Bans Use Of ChatGPT Among Employees, Doesn't Specify Why: Report

JPMorgan Chase didn't specify if there was a particular incident which led to the call for ChatGPT ban.

Just like JPMorgan Chase, there are several other organisations that have blocked ChatGPT access. ( Image Source :Getty )

JPMorgan Chase, the New York-headquartered financial services giant, has asked its employees to stop using ChatGPT, the OpenAI-developed chatbot that is capable of generating a surprisingly human-like response to users' queries, which can range from anything between writing essays to generating programming codes. Ever since its prototype launch in November 2022, it has seen great popularity among users and institutions alike.

As per a report by The Wall Street Journal, based on source inputs, JPMorgan Chase didn't specify if there was a particular incident which led to this call. It should be noted that it is yet unclear how many employees used ChatGPT — and what they used it for. 

Just like JPMorgan Chase, there are several other organisations that have blocked ChatGPT access. Only last week, US-based Verizon Communications banned ChatGPT from its corporate systems. The telco said that it could lose ownership of customer data or even source code that its employees looked up on ChatGPT. 

In January, public schools in New York City banned the chatbot from their networks and devices, said the report. In India, ChatGPT has been prohibited in the upcoming class 10, 12 board exams by the Central Board of Secondary Education (CBSE). 

The class 10 and 12 board exams are set to begin on Wednesday. "Mobile, ChatGPT and other electronic items will not be allowed in examination hall," according to instructions issued by the board ahead of the papers.

The use of ChatGPT will amount to using unfair means in the exam, the board officials said. "Students are not allowed to carry any electronic devices inside the exam centre. This includes using devices to access ChatGPT so that unfair means is not used," a senior board official said.

Earlier this week, China slammed ChatGPT, saying it is spreading US government "misinformation" and directing Internet companies not to use it in their applications. 
Chinese regulators told Tencent and Ant Group, the fintech affiliate of Alibaba Group, not to offer ChatGPT services to the public, as per media reports.

Meanwhile, OpenAI has launched its paid subscription plan for the chatbot — ChatGPT Plus — which will be available for $20 a month, and subscribers will receive a number of benefits, including exclusive access to ChatGPT even during an outage.

(With inputs from IANS)