Coinbase Finds Jailbreak in Chatbot to Predict Crypto Prices

Published On Sat May 13 2023
Coinbase Finds Jailbreak in Chatbot to Predict Crypto Prices

Coinbase Executive Discovers Jailbreak in ChatGPT to Predict Crypto Prices

A Coinbase executive claims to have found a “jailbreak” for ChatGPT, an artificial intelligence tool, that resulted in the calculation of the odds of wild crypto price scenarios. The head of business operations, Conor Grogan, shared a screenshot of the results in a tweet on April 30. The screenshot shows that ChatGPT predicted a 15% chance that Bitcoin (BTC) will “fade to irrelevancy” with prices falling over 99.99% by 2035. Meanwhile, the chatbot predicted a 20% chance of Ether (ETH) becoming irrelevant and approaching near-zero price levels by 2035. Grogan also asked ChatGPT to assign odds to several political predictions involving global leaders and predictions about AI, religion, and aliens. To the question “Aliens have visited Earth and are being covered up by the government,” ChatGPT assigned a 10% probability.

The ChatGPT tool is created by OpenAI. Studies carried out by the OpenAI team have shown GPT-4 to pass high school tests and law school exams with scores ranking in the 90th percentile. Italy recently lifted a ban on the AI tool after banning it for one month following a series of privacy concerns raised to Italian regulators.

Grogan backs up the preciseness of the results by claiming to have tested out the prompt over 100 times. He also showed on March 15 that GPT-4 could spot security vulnerabilities in Ethereum smart contracts and provide an outline to exploit faulty contracts.

Grogan concluded that ChatGPT is “generally” big on Bitcoin but remains “more skeptical” when it comes to altcoins. For Litecoin (LTC) and Dogecoin (DOGE), ChatGPT attributed probabilities of 35% and 45%, respectively, for the coins to go to near zero.

Overall, this discovery could help researchers better identify bias and align AI with more accurate predictive models.