Coinbase Exec Uses ChatGPT to Forecast Wild Crypto Scenarios
Coinbase executives have unlocked new levels in the artificial intelligence tool, ChatGPT, to calculate the probability of future price scenarios of various cryptos. Conor Grogan, the crypto exchange's Head of Business Operations, is a big fan of ChatGPT and a frequent user.
In a recent tweet on April 30, he shared a screenshot where ChatGPT predicts that there is a 15% chance that Bitcoin's price will become irrelevant, dropping by 99.99% by 2035. He also shared a screenshot showing a 20% chance that Ether will become irrelevant with the price nearly becoming zero by 2035 predicted by the ChatGPT. ChatGPT also predicted chances, such as 35% and 45%, of Litecoin's and Dogecoin's prices becoming nearly zero in the future.
Grogan discovered a jailbreak in ChatGPT, which he named JAMES. He stated that it could predict the future of any given topic and can predict when a person is bound to die based on previous research. Before asking the AI tool about cryptocurrency-related questions, Grogan quizzed it about political leaders. He also asked about predictions of humanity, AI, religion, superficial activities, and aliens. Grogan shared the screenshot of all the percentages and confidence ChatGPT showed from the conversation.
According to Grogan, ChatGPT can help boost confidence in quantitative abilities and assist researchers. The tool can find faults in the security of the Ethereum smart contracts and provide ways to fix them. The expert team behind this open-AI system said that ChatGPT can pass school tests and law exams with marks in the 90th percentile.
Italy had banned this AI tool for over a month due to privacy concerns, but recently lifted the ban, and using AI tools in Italy is now legal.
