UNIVERSITY PARK, Pa., May 28 -- Pennsylvania State University issued the following news release:
UNIVERSITY PARK, Pa. - Artificial intelligence (AI) and large language models (LLMs) tools are capable of mass-producing academic finance papers that are nearly indistinguishable from human-authored research, according to a new study published in the Journal of Economic Literature.
Study co-authors Mihail Velikov, associate professor of finance at Penn State's Smeal College of Business, and Robert Novy-Marx, Lori and Alan S. Zekelman Distinguished Professor of Business Administration at the University of Rochester, built a pipeline for automating academic research production. In roughly 12 hours, they generated nearly 400 complete, publication...