ChatGPT cannot reason from or apply its knowledge - it is nowhere near AGI. For example, it can describe concepts like risk neutral pricing and replication of

ChatGPT cannot reason from or apply its knowledge - it is nowhere near AGI. For example, it can describe concepts like risk neutral pricing and replication of derivatives but it cannot apply that logic to show how to replicate something non-trivial (i.e., not repeating well published things).