FEK AI Blog

Official AI Blog of Lund University Dept. of Business Administration

FEK AI Newsletter – Issue 02

FEK AI Newsletter

FEK AI Newsletter

Issue 02 / August 23, 2024

Reflections from the FEK Kick-Off Day

By Burak Tunca • Read Time: 2.0 min

Hi Everyone!

The enthusiasm and participation during the AI segment of our kick-off day were truly inspiring. It marked a fantastic beginning for the upcoming AI initiatives in our department. In this issue, I would like to revisit some of the questions and comments that emerged during the kick-off.

Have a nice weekend!
Burak

Kick-Off Q&A

Why are we recommended to use Microsoft Copilot?

For now, Microsoft Copilot is the only AI tool that offers sufficient data security. You are welcome to use other free/paid tools like ChatGPT, but you need to make sure not to share any organizational information.

What are the risks of using other AI tools?

AI tools without data security will result in everything you shared becoming part of the “public training dataset”. What that means is, the model will learn the contents of what you shared with it. For example, if an LU employee shares the university balance sheet with a non-secure AI tool, in the future someone asking about the finance of LU may be presented with the information from this balance sheet. Same applies to a manuscript/research proposal you are working on using free AI tools.

Is Copilot good enough?

For the majority, yes. It is a GPT4-Turbo based model fine-tuned by Microsoft. It performs much better than the free AI tools and somewhat worse than the premium versions of ChatGPT and Claude. If you are not paying for premium AI models, you are better off using Copilot.

What are the pros and cons of Copilot?

Pros: It is a capable model continuously improved by Microsoft. It has data privacy. It has access to live Internet. It can summarize a web page you are browsing. It can generate images. It can analyze pdf, word, excel, powerpoint files. It can work with long text prompts.

Cons: There is no chat history. It does not perform as well as the latest paid version models. It cannot create AI assistants/custom chatbots.

How can I access Copilot? How can I use it?

Please see this post on the FEK AI Blog.

Do our students have access to Copilot?

No, only our staff has access to Copilot.

Thanks for reading!