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JYP Entertainment's boy group Stray Kids attends the 2024 SBS Music Awards Summer in Seoul. The K-pop industry has been seeing a slowdown due to declining album sales and the inactivity of record-breaking groups such as Blackpink and BTS. Members of BTS have been serving their mandatory military service, while Blackpink only announced to reunite as a group in 2025. Streaming revenue, at least during the first half of this year, has been unable to cover the loss from album sales. For the third quarter, just Babymonster — a rookie group — and solo artist Lee Seunghoon released material.
Persons: Blackpink, Hwan, wook Lee, Jang Jeong Min, Minha Choi, Yeonghoon Kang, , Lee Seunghoon Organizations: JYP, Imazins, BTS, SM Entertainment, JYP Entertainment, YG Entertainment, Yuanta Securities, Samsung Securities, YG, NH Securities Locations: Seoul, U.S
From a portfolio management perspective" — found that ChatGPT's ability to choose from a set of assets outperformed random selection on measures of risk-adjusted return and diversification. "Additionally, professional portfolio managers can improve their productivity by focusing on more important tasks while being assisted by ChatGPT in the selection of diverse assets for a given portfolio." Then, the researchers ran 10,000 simulations asking ChatGPT to select a various number of the available assets to create a portfolio. A backtest of the data showed that ChatGPT's selections created a more diversified portfolio with less correlated assets than random selection. And then, over the period of Jan. 1, 2022 to Jan. 31, 2023, the ChatGPT portfolios also outperformed the random selection portfolios on a risk-adjusted basis.
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