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The Evolution Of Large Language Models: From Chatgpt To Multi-Model Ai Agents And Their Impact On The Financial And Economic Sectors

Author

Listed:
  • CRIJMAN ALEXANDRU-MIHAI

    (BUCHAREST UNIVERSITY OF ECONOMIC STUDIES)

  • MALDAREANU ANDREEA

    (BUCHAREST UNIVERSITY OF ECONOMIC STUDIES)

  • DUMITRU VALENTIN-FLORENTIN

    (BUCHAREST UNIVERSITY OF ECONOMIC STUDIES)

Abstract

The evolution of technologies based on artificial intelligence (AI) has led to the development of innovative solutions to help organisations manage processes. These technologies include Large Language Models (LLMs), simpler models such as ChatGPT and more complex models such as AI Agents. They are used to perform tasks automatically, with the ability to learn from data and ultimately generate relevant answers to questions. In this study, the evolution of LLMs and their impact on the financial and economic activities are analyzed. The scientific literature, as well as research published by different organisations on AI-based solutions, are reviewed. It has been demonstrated that LLMs make a significant contribution to the processes of entities in the financial and economic sector, helping to achieve more efficient results. Starting from this theoretical study, more elaborate ideas can be outlined about this expanding field.

Suggested Citation

  • Crijman Alexandru-Mihai & Maldareanu Andreea & Dumitru Valentin-Florentin, 2025. "The Evolution Of Large Language Models: From Chatgpt To Multi-Model Ai Agents And Their Impact On The Financial And Economic Sectors," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 323-334, August.
    • Handle: RePEc:cbu:jrnlec:y:2025:v:4:p:323-334
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    References listed on IDEAS

    as
    1. Dong, Mengming Michael & Stratopoulos, Theophanis C. & Wang, Victor Xiaoqi, 2024. "A scoping review of ChatGPT research in accounting and finance," International Journal of Accounting Information Systems, Elsevier, vol. 55(C).
    2. Wen-Hsiu (Julia) Chou & Zifeng Feng & Bingxin Li & Feng Liu, 2025. "A First Look at Financial Data Analysis Using ChatGPT-4o," JRFM, MDPI, vol. 18(2), pages 1-35, February.
    3. Shijie Wu & Ozan Irsoy & Steven Lu & Vadim Dabravolski & Mark Dredze & Sebastian Gehrmann & Prabhanjan Kambadur & David Rosenberg & Gideon Mann, 2023. "BloombergGPT: A Large Language Model for Finance," Papers 2303.17564, arXiv.org, revised Dec 2023.
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