The risks are probably much more along the lines of: Chief Counsel: So, as you know, we're being sued by investors and facing a regulatory investigation over o

The risks are probably much more along the lines of: Chief Counsel: So, as you know, we're being sued by investors and facing a regulatory investigation over our investor disclosures, so we need to make sure we have everything lined up for litigation. everyone nods CC: So, let's start out looking at these elements: how were our sales forecasts generated? We'll need to be able to provide an overview of the models to show that we followed acceptable practises. You: Oh, uh, I just wrote this English sentence. CC: Uh, sure, ok, and how does that work? I was expecting something more... programmery? You: Oh, it goes into ChatGPT. CC: And what GAAP compliant model does it use there? You: shrugs CC: What do you mean, shrug? You: oh, it's a black box. It comes up with a program based on its LLM. CC: Is the program it comes up with GAAP compliant? You: shrug CC: Can the vendor tell us? You: chuckle oh heavens no, that's very valuable, closely held proprietary information, but I can tell you that it was trained on 4chan, Reddit, and Stack Overflow. CC: visibly pales You: Can we at least re-run it, and capture the output so we can understand what we did? CC: Oh, heavens no. The model keeps improving! Who knows if what the black box spat out last year is the same as what it produces today! CC: sweats CFO: sweats You: It's very clever! CC, turning to CEO: You know, I was hoping this would let us avoid losing a lawsuit, but I am coming to the view that my main goal at this point is not to lose my fucking license to practise law!