Which term refers to advanced AI models noted for generating human-like text?

The term "large language models" refers to advanced AI systems designed to process and generate human-like text. These models are trained on extensive datasets containing diverse language patterns, enabling them to understand context, grammar, and semantics. By leveraging deep learning techniques, large language models can produce coherent and contextually relevant responses, making them exceptionally capable of mimicking human writing styles.

These models have gained prominence due to their ability to handle various text-based tasks, such as translation, summarization, and creative writing. Their effectiveness is attributed to their architecture, which typically involves deep neural networks that can learn complex relationships within language data.

In contrast, neuroeconomics, myside bias, and risk-taking strategies refer to different concepts within psychology and decision-making processes. Neuroeconomics combines neuroscience, economics, and psychology to study how people make decisions, while myside bias describes the tendency to favor information that confirms one’s pre-existing beliefs. Risk-taking strategies pertain to behaviors and decision-making processes where individuals assess potential risks versus rewards. These concepts, while important in various contexts, do not pertain to the generation of text like large language models do.