Ascertaining the number of functions that chatgpt can compensate for, and even when that change is made completely, the possibility of using it for fraudulent purposes is very high. This actually started after discovering cases of cheating by students using the program.
As for the crypto, it's the same if the program can perform some tasks to decieve people.
Topic: The impact of artificial intelligence, chat GPT on the crypto market. - page 6. (Read 874 times)
March 17, 2023, 06:28:31 PM
March 17, 2023, 06:22:06 PM
It is true that GPT Chat and other AI technologies have the potential to enhance security measures and reduce volatility in the cryptocurrency market but they are not a complete solution and should be used in conjunction with other security measures and investment strategies.
AI have the potential to figure out the holes in security but I don't think it will reduce volatility in crypto market. Crypto market is not controlled by anyone and could not be controlled by AI. AI like chatGPT maybe can calculate the potential of crypto but nothing much, even it failed to solve simple mathematical solutions.Quote
Yes and it is being discussed a lot for now. I'm sure you are also monitoring the current development of the cryptocurrency market and it is very volatile especially now, it is very vulnerable to correction. It seems that no one has been able to provide an accurate picture of conditions in the world of money market, although even the most sophisticated AI algorithms are not able to predict with 100% accuracy.
Again AI can not perfectly predict anything, it just calculates the outcomes through the data it can access from the internet. There is nothing exist as perfect prediction, what human can't do, also AI can't.a very good example in my opinion is that when it comes to alts, AI still can't predict the plans of the team behind any project. even AI won't know that the team is about to dump their coins. so that's only one example why AI can't be perfect. as you said, it only relies from the database it can collect over the net.
there are still blindspots in their situation. and no one can predict even the AIs of the upcoming scenario. but they can always save it to their database once it happened, and may possibly use for future reference. however, it depends on how AI has been programmed to do with such large data.
March 17, 2023, 06:15:34 PM
It is true that GPT Chat and other AI technologies have the potential to enhance security measures and reduce volatility in the cryptocurrency market but they are not a complete solution and should be used in conjunction with other security measures and investment strategies.
AI have the potential to figure out the holes in security but I don't think it will reduce volatility in crypto market. Crypto market is not controlled by anyone and could not be controlled by AI. AI like chatGPT maybe can calculate the potential of crypto but nothing much, even it failed to solve simple mathematical solutions.Quote
Yes and it is being discussed a lot for now. I'm sure you are also monitoring the current development of the cryptocurrency market and it is very volatile especially now, it is very vulnerable to correction. It seems that no one has been able to provide an accurate picture of conditions in the world of money market, although even the most sophisticated AI algorithms are not able to predict with 100% accuracy.
Again AI can not perfectly predict anything, it just calculates the outcomes through the data it can access from the internet. There is nothing exist as perfect prediction, what human can't do, also AI can't. 
March 17, 2023, 05:53:47 PM
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?
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?
No, chatGPT can find faulty codes but they can also suggest faulty advise. Since they are just calculating things base on the information or data feed to them, they will never cope up with the ever developing hackers. I believe only humans (cyber security) is the answer to humans(hacker).
*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/
Reference link for further read:
https://www.forbes.com/sites/forbesbooksauthors/2023/02/28/the-intersection-between-ai-and-blockchain-technology--industries-of-tomorrow/
It can be but I believe it will be overseen by a person. Since that kind of application will still be developed by a person.
March 17, 2023, 05:43:38 PM
*Is chat GPT which is the latest AI, the answer to hackers and scammers?
Hackers will always be existing, so also will be cybercriminals and scammers who are not going extinct. Not all hackers use their skills for bad or to steal, the ones who use their skills for evil are purely referred to as cybercriminals. Just as scammers who may not be as technically and ICT sound as the hackers, but are cunning to still trick you into stealing from you.Security will increase and get tighter to make things difficult for these people, they will reduce in number as things get more difficult and some will not be able to cope, but for another category they will dedicate their time to find or create more loopholes in the system.
March 17, 2023, 03:45:28 PM
*Is it a policing agent that would help stabilize anonymous anomaly in the trading space thereby reducing volatility?
Not certain this question was fully thought through, or I am having difficulties understanding it.Trading is part of almost all markets and they all have varying extents of volatility based on the frequency of trades and amount of regulation. Bitcoin with a decent amount of trades and no price regulation naturally has a higher volatility.
Volatility cannot be solved by an AI, and the trading system is not broken, does not need fixing.
- Jay -
March 17, 2023, 03:12:33 PM
Apart from the occasional tech support it could provide to future users of the cryptocurrency industry, especially ones that focus on the IT sector, I think the other big contribution it could provide to the industry is Service as a Service. As of the moment a lot of companies who offe SaaS sought to monetize ChatGPT's high aptitude for collecting and processing data from users and deriving a result from the prompt. This could help everyone from small corporate companies who offer SaaS, to maybe even NFT projects. As a matter of fact I think I saw one NFT project out there outright using AI/ChatGPT as one of their features, basically making it personalized and directly usable only to holders of their NFT. So yeah the possibilities are immense.
March 17, 2023, 01:30:10 PM
Chat GTP has a lot of use cases in cryptocurrency. It has the ability to perform a lot of functions based on prompts however no matter how powerful its functionality is it cannot replace human. It cannot replace sophisticated software that can detect and prevent hacking what I feel it can do is that it can only detect floors and make recommendations so that there will be no eventuality of a hack. I honestly think that it cannot reduce the volatility in cryptocurrency. The cryptocurrency market is just too broad that it requires more than just artificial intelligence to stabilize the market.
March 17, 2023, 09:09:58 AM
If we are talking about a direct impact, the outcome is almost zero, and any talk from a famous or influential person is something that is not devoid of two, either because he is trying to talk about a trend because everyone is talking about this software, or he is trying to promote it indirectly.
indirect impact, it can be in how to benefit from these tools. In the end, they are tools to help you analyze or reach results. They are closer to the development of the content in the forum, as the development of the content will reduce scammers, and so on.
The wave started with ICO, then IEO, then NFT, then decentralized finance and now artificial intelligence
indirect impact, it can be in how to benefit from these tools. In the end, they are tools to help you analyze or reach results. They are closer to the development of the content in the forum, as the development of the content will reduce scammers, and so on.
The wave started with ICO, then IEO, then NFT, then decentralized finance and now artificial intelligence
March 17, 2023, 06:53:39 AM
Going back to the stock market they have had some really good programmers working on things like this for years, perhaps decades.
Result has always been about the same, a small increase in profits but never covering the cost of doing the setup / programming.
What actually made them more money was faster connections to the markets so they could get their trades in 1st.
Better faster computers with better AI just means that all the big players get better faster info, and the rest of us are still traveling behind them seeing what happens.
-Dave
Result has always been about the same, a small increase in profits but never covering the cost of doing the setup / programming.
What actually made them more money was faster connections to the markets so they could get their trades in 1st.
Better faster computers with better AI just means that all the big players get better faster info, and the rest of us are still traveling behind them seeing what happens.
-Dave
March 17, 2023, 05:36:51 AM
It is true that GPT Chat and other AI technologies have the potential to enhance security measures and reduce volatility in the cryptocurrency market but they are not a complete solution and should be used in conjunction with other security measures and investment strategies.
Yes and it is being discussed a lot for now. I'm sure you are also monitoring the current development of the cryptocurrency market and it is very volatile especially now, it is very vulnerable to correction. It seems that no one has been able to provide an accurate picture of conditions in the world of money market, although even the most sophisticated AI algorithms are not able to predict with 100% accuracy.
Yes and it is being discussed a lot for now. I'm sure you are also monitoring the current development of the cryptocurrency market and it is very volatile especially now, it is very vulnerable to correction. It seems that no one has been able to provide an accurate picture of conditions in the world of money market, although even the most sophisticated AI algorithms are not able to predict with 100% accuracy.
March 17, 2023, 05:28:48 AM
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/
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/
Jump to: