oinbase">Coinbase’s chief of business operations, Conor Grogan, has recently claimed to have discovered a “jailbreak” for ChatGPT, an artificial intelligence tool used to predict cryptocurrency price scenarios. Grogan tweeted a snapshot of the ChatGPT findings on April 30, revealing that the tool had assigned a 15% probability that Bitcoin will become irrelevant by 2035, with values declining by over 99.99%. Moreover, ChatGPT predicted that by 2035, there is a 20% chance that Ether will lose its relevance and reach prices close to zero. The tool had even less confidence in Litecoin and Dogecoin, with odds of 35% and 45%, respectively, for each currency to approach a value close to zero.
ChatGPT, an artificial intelligence tool using natural language processing, was used by Grogan to evaluate a range of political scenarios and other topics such as AI’s impact on humans and religion. However, one of its strangest predictions was that aliens have already visited Earth and are being hushed up by authorities with an estimated 10% chance of likelihood.
An ardent user of ChatGPT, Grogan devised a script that mirrors the query he used to craft his tables. After careful consideration, he surmised that this tool is usually favorable towards Bitcoin, but more hesitant with regard to other digital currencies.
In the cryptocurrency space, ChatGPT has become increasingly popular in recent times due to its predictive capabilities. However, it is important to note that those forecasts are probabilities and not guarantees of what will transpire in the future. On top of that, Grogan’s uncovering of a so-called “jailbreak” increases the chances of potentially compromising security since it elevates the tool’s capacity for accurate predictions.
As the cryptocurrency market continues to expand its use of technology, organizations like ChatGPT are leveraging artificial intelligence technologies to produce actionable insights and forecasts. This can be of great value to traders and investors however it is important to remember that these tools have their limitations and come with risks. Therefore, due diligence should be exercised when utilizing such technologies.