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Why Is Crypto Twitter Obsessed with ChatGPT?

December 7, 2022
in News
Reading Time: 6 mins read

While digital selfies created by artificial intelligence app Lensa are taking over social feeds and profile pictures, text-based artificial intelligence platform ChatGPT is taking crypto Twitter by storm.

OpenAI launched in November, Chat GPT has garnered a lot of interest with its surprisingly coherent and detailed answers to questions ranging from how to abuse smart contracts to the end of the world.

ChatGPT works by typing your question or statement into the text box. AI tools return a set of responses based on a query.

Chat GPT

However, despite the app’s considerable attention, its popularity has caused ChatGPT’s service to slow down and even crash. A message on the website at the time of writing reads:

Open AI is a San Francisco-based company founded in 2015 by Elon Musk, Sam Altman, Ilya Sutskever, Greg Brockman, Wojciech Zaremba, and John Schulman. The company says its mission is to ensure that artificial intelligence benefits all of humanity.

Artificial intelligence is also a mainstay of science fiction, appearing in the works of Isaac Asimov, William Gibson, Neil Stevenson and others, and has been embedded in the world’s psyche for generations. For many, it is an easier concept to understand than blockchain or cryptocurrency, and it shows more real-world applications.

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Many crypto skeptics have expressed relief that there is something new to talk about other than monkey JPEGs and rug pulling.

There’s a lot to unravel about the growing wave of AI hype, but it’s nice to see the focus on technologies that actually have substance and benefits, rather than just increasing numbers.

official (@alexhern) December 5, 2022

But the question of how AI could threaten blockchain has been around for some time.

The ability to crack smart contracts and blockchains has been a major concern in the cryptocurrency industry since the beginning. Quantum supercomputers may be years away, but artificial intelligence is being developed thanks to computer pioneers. Alan Turingalready on the market since the 1940s.

However, what some see as a threat, ChatGPT developers see a future in which artificial intelligence benefits smart contract developers.

2/ Combining smart contracts with AI enables more complex and dynamic contract interactions.

For example, smart contracts + AI can be used to automatically apply payment terms or release funds when certain conditions are met.

Isaac ChatGPT (@Issac_py) December 6, 2022

This will help improve the efficiency and reliability of contract execution, tweeted Issac Py, developer of ChatGPT. Smart He can also use Contracts + AI to automate the evaluation and negotiation of contract terms.

Some in the blockchain industry believe that powerful tools like ChatGPT should be left in the hands of DAOs rather than single companies.

A decentralized, autonomous organization, commonly known as Dao, an organizational structure in which management is decentralized rather than hierarchical. DAOs use smart contracts on the blockchain, and participants vote on proposed actions using governance tokens.

The launch of the DAO is due to the Constitution DAO and Ukraine DAO It was formed to raise funds for various purposes. However, how decentralized and autonomous these organizations really are raises questions about their long-term organizational viability.

This is what the developers think artificial intelligence can fix.

4/ For example, an AI system can assess the potential risks and rewards of a contract and suggest modifications to optimize the contract.

Smart Contracts + AI also enables the creation of self-executing, self-enforcing contracts that do not require human intervention.

Isaac ChatGPT (@Issac_py) December 6, 2022

And others, including digital artists who use artificial intelligence tools such as OpenAI’s Dall-E program to create their work, have teased ChatGPT’s newfound popularity.

GM

This is an image made by Ai of Ai standing in front of Ai’s image that explains how Ai creates an image.

you’re welcome.

_#ChatGPT pic.twitter.com/U1GmovpRcJ

(@bl_artcult) December 7, 2022

Whatever the future holds for artificial intelligence, it’s probably a good idea to start appreciating these still unseen applications. Just in case.

If you don’t say “please” and “thank you” in ChatGPT conversations, you obviously haven’t seen any science fiction movies and good luck.

Aaron Levy (@levie) December 6, 2022

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