“…Another major ethical consideration when using ChatGPT in finance revolves around the imperative need for transparency and accountability, particularly in light of regulations such as the European General Data Protection Regulation (GDPR) and the White House's Office of Science and Technology Policy (OSTP) Blueprint for AI Bill of Rights [ 30 , 31 ]. ChatGPT relies on complex AI algorithms, specifically Natural Language Processing (NLP) [ 32 ], to make decisions, but these algorithms can often be opaque [ 33 ]. This opacity often makes it challenging to comprehend the process through which the technology reaches its conclusions [ 27 , 34 ].…”