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Topic: The impact of artificial intelligence, chat GPT on the crypto market. - page 4. (Read 874 times)

hero member
Activity: 630
Merit: 611
Ai is not about Chat GPT, Maybe some of you AI is a chat gpt, No. There are many new economies about AI. This is a new job. Like Prompt Engineer.
It is true. But the discussion here is themed on AI projects specifically tentang chatGPT. and well i think everyone knows that chatGPT is just one of many AI projects. And even more AI projects are being created to compete with GPT. Even the SingularityNET company is also developing their own AI project which is even touted as a ChatGPT killer. More precisely SingularityNET developed the Next Generation AI Application named Zarqa. Bottom line Zarqa is made to one day rival ChatGPT and beat ChatGPT in intelligence.

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Sourch : https://t.me/telonews_id/6118
hero member
Activity: 916
Merit: 500
Artificial intelligence has a significant impact on the crypto market. One of the main ways AI has impacted the market through its ability to analyze vast amounts of data and provide insights into market trends. This has allowed investors to make more informed decisions about when to buy, sell or hold their crypto assets. Chat GPT in particular has been used to create chatbots that can assist investors in making trades and managing their portfolios. These chatbots are able to understand natural language and provide personalized recommendations based on an individuals investment goals and risk tolerance. AI has been used to detect and prevent fraud in the crypto market. By analyzing patterns in transactions AI can identify suspicious activity and alert authorities. I think chat GPT has improved the efficiency and accuracy of the crypto market making it easier for investors to navigate and participate rapidly evolving industry.
hero member
Activity: 2338
Merit: 757

So it’s good but you need to understand that they will be many job losses as a result. Basically you won’t need to pay any workers to take orders, just need workers to make the burgers, and that can be done by a robot also. The world is advancing fast due to AI.
Perhaps in the field of trading, artificial intelligence can be useful, but do not forget that this benefit is for a very small percentage of users, who are traders. At the same time, most studies indicate that the considerable progress in developing artificial intelligence applications will cause the disepearing of more than 30% of jobs in the world. You can imagine the impact this will have on the global job market.
hero member
Activity: 504
Merit: 816
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I think in certain Wendys locations they are using AI to take your order when you are on drive thru. It’s amazing how fast this technology is being applied. And most likely the AI will have no issues taking most of the orders correctly.

So it’s good but you need to understand that they will be many job losses as a result. Basically you won’t need to pay any workers to take orders, just need workers to make the burgers, and that can be done by a robot also. The world is advancing fast due to AI.

I think that the positive side of the very idea of ​​creating artificial intelligence lies precisely in the fact that the work that people are doing now can be delegated, thereby freeing a person from the direct need to work for a living. Of course, even such noble changes are a great stress for a world that is quite conservative at its core. People will tend to think negatively about loosing their jobs, because most of them cannot imagine theirselves so free to allow themselves not to work, but do something more creative, opening themselves from different sides and not being only a productive function. The future goal itself looks very attractive, but this stage of transition to it will cause strong resistance from those who will be affected by such changes in the first place.
legendary
Activity: 3808
Merit: 1723
I think in certain Wendys locations they are using AI to take your order when you are on drive thru. It’s amazing how fast this technology is being applied. And most likely the AI will have no issues taking most of the orders correctly.

So it’s good but you need to understand that they will be many job losses as a result. Basically you won’t need to pay any workers to take orders, just need workers to make the burgers, and that can be done by a robot also. The world is advancing fast due to AI.
hero member
Activity: 630
Merit: 611
I think people are over hyping this whole ChatGPT AI thing, because they see "fake" market predictions from ChatGPT content providers, and they think it is actually usable.  Roll Eyes

ChatGPT and all other AI driven software have one thing in common... "Garbage In - Garbage Out" .... because the data that the AI are using are human generated and if that is flawed, then the outcome of the query are flawed too.  Tongue

AI are the new buzzword and people follow like sheep....
yes, everything should not be exaggerated. In fact, I think that this year the world market is being led to promotions related to AI. so that every product that relies on AI looks cooler.

Our task is only to be more active in studying it. we must not lose to compete in today's technological advances. AI is only man-made and well there are always errors in it. and I just prefer to adapt to the progress that is happening now, especially in the field of AI.
full member
Activity: 602
Merit: 129
No, I don't believe there will be a solution for hackers; they are a crime organization, and we even have state-sponsored hackers like the Lazarus group, so they are not something that can be stopped just because AI is in full swing right now or even because cryptocurrency is the newest buzzword.
hero member
Activity: 2688
Merit: 588
Some of my friends at marketing world started to utilize AI world, and I still insist that they are not AI, they are just software designed to do certain task, as any other we have seen, just a different software. However, they do use it very well, how? They use it to do marketing, which means they are getting help with everything they need, from SEO to ad networks to preparing press release to adjusting calculations on which ads work better, to designs, to anything else really. They are utilizing it to max, it hasn't been really that much so far so I can't say that they are making money thanks to that, they were making money before, they are now, maybe their job is easier, that's all I can assume, but at least I know that if you are in the crypto market and want to take a look at AI from another approach, by utilizing for work instead of coins, then you could maybe make a decent return.
That is exactly what AI is useful for, marketing, SEO, copywriting, content writing, and a lot more things where AI models like GPT-4 can be utilized and they are way more helpful than what a person might assume or think. People need to stop trying to use these tools for things that they are not created for and use them only where they are suitable.

Cryptocurrency market and trading are things that are not suitable for ChatGPT or GPT-4 since they require a lot of critical thinking and chart reading and other stuff that a tool like this can only assist you with but can't do it all alone.
sr. member
Activity: 1988
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PredX - AI-Powered Prediction Market
I don't use much AI chat from GPT, but I have heard about its usefulness helping a lot in this area, but its information sometimes I think is very useful for those who are learning about AI chat. this environment. However, I have found that there have also been some accompanying problems of misuse of it for malicious purposes in terms of creating information of a deep nature and sometimes misleading people's understanding, and easy to understand. Think of this as a source to evaluate everything. Sometimes it is also necessary to look back on many different issues, I think its user outreach phase is really good when it has been and is proving its ability to help a lot for work.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
I think people are over hyping this whole ChatGPT AI thing, because they see "fake" market predictions from ChatGPT content providers, and they think it is actually usable.  Roll Eyes

ChatGPT and all other AI driven software have one thing in common... "Garbage In - Garbage Out" .... because the data that the AI are using are human generated and if that is flawed, then the outcome of the query are flawed too.  Tongue

AI are the new buzzword and people follow like sheep....

Actually, I don't quite understand why people are using those predictions from chatGPT considering the fact, that it always says that it doesn't provide the real time date or financial advices and cannot make any predictions based only on the general knowledge. Convincing chatGPT of making some assumptions takes time and creativity, just asking is not working. That is why it seems more like people trying to get some confirmation of their own market vision and they just need some authority they can rely on.

It is a success of ChatGPT developers, they have succeeded in attracting users and making billions of dollars from their product. But a failure for those who use it because they think it can tell them everything, including the future. What's more ridiculous is that many people see it as a life counselor, they always turn to it when having difficulties in work or life. Honestly, I'm quite surprised that people seek advice from inanimate software.

If ChatGPT could predict the future, then I think the developer himself took advantage of that, and he became an instant billionaire. He doesn't need to retail to many users to make such money, but people don't see this problem.
hero member
Activity: 504
Merit: 816
Top Crypto Casino
I think people are over hyping this whole ChatGPT AI thing, because they see "fake" market predictions from ChatGPT content providers, and they think it is actually usable.  Roll Eyes

ChatGPT and all other AI driven software have one thing in common... "Garbage In - Garbage Out" .... because the data that the AI are using are human generated and if that is flawed, then the outcome of the query are flawed too.  Tongue

AI are the new buzzword and people follow like sheep....

Actually, I don't quite understand why people are using those predictions from chatGPT considering the fact, that it always says that it doesn't provide the real time date or financial advices and cannot make any predictions based only on the general knowledge. Convincing chatGPT of making some assumptions takes time and creativity, just asking is not working. That is why it seems more like people trying to get some confirmation of their own market vision and they just need some authority they can rely on.



legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I think people are over hyping this whole ChatGPT AI thing, because they see "fake" market predictions from ChatGPT content providers, and they think it is actually usable.  Roll Eyes

ChatGPT and all other AI driven software have one thing in common... "Garbage In - Garbage Out" .... because the data that the AI are using are human generated and if that is flawed, then the outcome of the query are flawed too.  Tongue

AI are the new buzzword and people follow like sheep....
legendary
Activity: 1372
Merit: 2017
On a related note, I recently saw that artificial intelligence is estimated to increase the productivity of S&P 500 companies and with it profits, while at australopithecustalk the debate is how to prevent it from being used in the forum rather than how to embrace it.

Of course it is going to have an impact on cryptocurrencies, and on society in general, in the same way that the internet or cell phones have had.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
In my personal opinion an artificial intelligence should not be left alone in an open environment where it can code and control programs which have direct contact with the internet. Artificial intelligence in this stage of development is supposed to be studied and deployed in enclosed environments where they can be controled if something goes wrong.

Now, if we talk on the impact of AI on the crypto market, I think for now it will be indeed used to analyzed code (in an isolated environment) and also perhaps in some months of years, some traders may try to power their trading bots with AI, seeking to increase their profits while they need to take a nap or get away from their computers.

The important thing in this context is not to abuse of this technology and forget the moral implications of it, it is not all about profit but also security.  Sad
full member
Activity: 1708
Merit: 126
It is indisputable that AI tools today offer useful services and make it simpler for everyone to grasp things, including knowledge about cryptocurrency. But to be honest, we can't still rely on tools because they still have limitations. Others could also easily use Ai tools in cheating in terms of jobs, studying, etc.
When it comes to trading or even gambling, Ai tools are generally useful but not 100% reliable. However, their existence is still a good thing since we could lean on them in case we are having difficulties in a certain activity. It could utilize different aspects of our lives easily which I think is an advantage nowadays. It might easily be applied to several facets of our lives, which I believe is beneficial in the modern world.
hero member
Activity: 630
Merit: 611
Relying on AI to improve security sounds pretty good. But instead I am also worried that the existence of AI will actually give birth to more fraud. The bottom line is that security improvements will probably occur but AI-assisted crime increases will also occur. so the bottom line is this doesn't change anything at all. It's just that we are left behind and don't learn AI, so we can become backward people and become targets of fraudsters who use AI.

in Crypto AI analysis it can indeed be utilized. AI and Blockchain can indeed coexist and complement each other in building better security. but it all depends on who is using the AI. if we ask AI in security enhancement. then there will be fraudsters out there asking AI how to escape the security system.
full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
When I use Chatgpt, I find that there are still many limitations when using it to provide certain information or answer in the same sentence pattern with many different questions. In addition, many times the information is completely wrong, and there is a problem with the timing of the answers. Maybe in the future, the founder can fix and improve the above problems to make them easier and faster for users. As for the present, it is difficult to talk about a specific picture; sometimes I think that if I don't ask these questions, it probably won't know where it is.
legendary
Activity: 3542
Merit: 1352
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It's not about the algorithms that can change everything; it's about the execution. Even the high-end bots in Wall Street don't care much about the algorithm but rather the speed on which they are able to execute a trade compared to others. Heck, they are elated even with a few millisecond improvement on their bots because that means everything. I don't think ChatGPT will make much of a difference in terms of trading. It can assist in creating bots, but not in execution trades itself.
hero member
Activity: 2156
Merit: 575
Some of my friends at marketing world started to utilize AI world, and I still insist that they are not AI, they are just software designed to do certain task, as any other we have seen, just a different software. However, they do use it very well, how? They use it to do marketing, which means they are getting help with everything they need, from SEO to ad networks to preparing press release to adjusting calculations on which ads work better, to designs, to anything else really. They are utilizing it to max, it hasn't been really that much so far so I can't say that they are making money thanks to that, they were making money before, they are now, maybe their job is easier, that's all I can assume, but at least I know that if you are in the crypto market and want to take a look at AI from another approach, by utilizing for work instead of coins, then you could maybe make a decent return.
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
I see the latest rave and have had to silently partake by keeping up with the conversation as regards chat GPT introduction and sudden need to finetune it serve varying online and even offline real problems.

 Coinbase Director Conor Grogan even had to explain recently how a GPT-4 helped him identify flaws that could be exploited both ways, after he dumped an Etherum contract therein.  

*Is chat GPT which is the latest AI, the answer to hackers and scammers?
*Is it a policing agent that would help stabilize anonymous anomaly in the trading space thereby reducing volatility?

Reference link for further read:
https://www.forbes.com/sites/forbesbooksauthors/2023/02/28/the-intersection-between-ai-and-blockchain-technology--industries-of-tomorrow/

Relying on AI in investments or crypto is bad idea. And I'm not even talking about ChatGPT providing false information frequently. ChatGPT is a language model it's not a trading bot, crypto investment advisor AI or something similar. And of course it can't tackle hackers and spammers, because at the end of the day it's human who makes the final decision and is prone to fraud.
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