Chat GPt4 just launched, and AI coins are pumping in response. Chat GPt4 is a major upgrade from its predecessor. I mean, you can put directions on a napkin, upload it, and it will create a website for you, and every time we see a big AI announcement, we see AI coins pumped, so what’s the connection?
Well, at the moment, very little. Andre Cronier, the king of D5, the creator of urine finance, previously tweeted that AI and blockchains don’t mix: blockchains are slow, transparent, and secure High throughput opaque Black Box In addition, Delphi Digital’s VP stated that most AI tokens are grips, with very few projects in the space trying thoughtfully to integrate AI into crypto.
So, most AI coins really have nothing to do with AI, but that doesn’t mean people aren’t making money. When it comes to crypto, let’s be real, narratives and speculation are very big every time.
We see a big announcement from a big company, and if there is a token that fits that narrative, usually it pumps. So in the case of open AI chat GPT and securing AI crypto gains, what do we have to do? It’s pretty obvious we need to know that information before everyone else.
Well, how do you do it? It’s not as difficult as you might think. The way you get information before the mainstream is through Twitter, where information moves very fast. When it comes to mainstream media, it takes time.
Articles needing approval may happen three to four days after the actual event. For example, right here on Twitter, this is from March 13th, two days ago, and chat GPS 4 will be rolling out next week. Here’s another tweet from March 11th: chat gpt4 launches next week with over a trillion machine learning metrics.
Twitter is one of the fastest ways to find out information early, and it’s very important to know that because these aren’t official announcements on Twitter sometimes they’re just speculation and they may not be true, so that’s something to consider, but that’s part of the game, and I do believe we will see more big AI announcements in the future from companies such as Google’s deep mind meta AI and Amazon, if you’re able to find that information before the mainstream.
You have a major advantage, and another one specifically I’m looking forward to is Apple’s VR headset. We know they are set to release this headset sometime this year, and I’m hoping to find out around when that release date will be before it hits the mainstream because I believe when that announcement comes out we may see a pump in the metaverse and gaming sectors of crypto.
So, right now, in terms of making money with AI and crypto, it’s mostly a narrative, but this doesn’t mean that AI is useless for crypto. The director of Coinbase but entered a live Ethereum contract into chat GPT4 and it highlighted a number of security vulnerabilities, so AI will help the crypto space advance and this article here States chat GPT can be utilised for crypto trading, utilising real-time market and price data to make decisions.
This currently is not true because, chat gpt4 has limitations like its predecessor chat gpt4 isn’t to hot at reasoning on current events given that it was trained on data that existed before 2021. So, using AI to make predictions or trade crypto could be very dangerous, but one of the simpler things we can do is look for new uses of big announcements before they hit the mainstream. AI is really cool, but as cool as it is, it also could be very dangerous. There’s a rise in deep fake scams, and it’s pretty scary.
