By now on everyone’s lips, the chatbot based on artificial intelligence ChatGPT is entering the crypto and blockchain world.
In the previous article, we discussed the integration with Tron for a new payment system, but ChatGPT does not seem to stop there: a collaboration with the American exchange PayBito was announced a few days ago.
The phenomenon of artificial intelligence (AI) and especially that of ChatGPT has exploded in recent weeks. The ChatBot recorded over 590 million visits in January, from over 100 million users. This is an unprecedented achievement, bringing the company closer to more market opportunities, including the crypto and blockchain world. ChatGPT has already broken several records, making it the fastest growing consumer web application ever.
In the spotlight, ChatGPT is preparing for its rivals. The giant Google recently debuted “Bard,” its new artificial intelligence, which could steal ChatGPT’s place, starting now.
What is ChatGPT and why might it be useful for the crypto world?
While for many, artificial intelligences turn out to be a technological future to be exploited, for others they could be a real nightmare. ChatGPT is an artificial intelligence-based bot with which one can chat. It has been associated by many with Stanley Kubrick’s film, “2001: A Space Odyssey,” and although it was launched a few months ago, it seems to be considered one of the most disruptive and revolutionary artificial intelligences.
ChatGPT stands for Chat Generative Pre-trained Transformer, and was launched on 30 November 2022, by a US artificial intelligence research lab: OpenAI.
One of the strengths, picked up at first glance by ChatGPT is the feature of being able to emulate a human conversation with very little margin for error.
Indeed, ChatGPT can express itself normally with text, and is able to provide levels of conversations on par with a human. It has even been banned in several countries, such as Australia and the United States, from being used in the creation of term papers or academic studies.
As it is an artificial intelligence, therefore relying on the Internet, we are talking about a completely omniscient intelligence. This is all related to a sophisticated machine learning model, in other words, a truly outstanding capacity for automated learning.
Access to the service is really very simple, just log on to the ChatGPT website and activate the account for free. The homepage explains the whole process of using it, thanks to the introductory guide.
But why is ChatGPT attracting interest in the crypto world?
In addition to communication functions, the artificial intelligence service offers other features. These include a remarkable ability to design and generate multiple applications, including many cryptocurrency-related projects.
ChatGPT’s integration within the US PayBito exchange
On Friday, 1 February 2023, the US exchange PayBito announced its intentions to integrate AI, more specifically, its collaboration with ChatGPT.
What is the purpose of this innovative integration?
The US crypto exchange plans to improve its market analysis, fully identify its future trends, and open up even more to new trading opportunities. To do so, it wants to use new technology developed by OpenAI with ChatGPT.
By integrating the new technology, the platform will become more accessible to those new to cryptocurrency trading. In this way, beginners will be able to fully understand all the different aspects of trading and the crypto ecosystem.
The CEO of the PayBito exchange platform, Raj, explains:
“The integration of ChatGPT will add value and improve the user experience. The artificial intelligence-based tool will enable traders to make informed decisions with accurate information.”
Chowdhury, expressed his thoughts on the matter.
However, he is not the only company that wants to look at this technological innovation, several companies in the industry are moving towards an integration of artificial intelligence in order to improve their projects in the crypto world.
This is also why the tech giant Google has launched “Bard,” ChatGPT’s new competition.
“Bard” Google’s new artificial intelligence (AI)
The article recently published by CNN Business, explains Google’s new attempt to compete with OpenAI and its new futuristic projects, especially ChatGPT.
In fact, on Monday, 6 February, Google introduced to its community, its new chatbot named “Bard.”
The CEO of Google, Sundar Pichai expressed in the blog of the tech giant, all his enthusiasm for the launch of the new artificial intelligence project:
“It’s a really exciting time to be working on these technologies as we translate in-depth research and discoveries into products that really help people. This is the journey we have been on with large-scale language models.
Two years ago we unveiled next-generation language and conversation capabilities based on our language model for dialogue applications (or LaMDA for short).”
Like ChatGPT, which was released publicly in late November by artificial intelligence research company OpenAI, Bard is based on a huge language model.
These models are trained on vast amounts of online data to generate convincing responses.
“Bard seeks to combine the breadth of world knowledge with the power, intelligence and creativity of our great language models. It draws on information from the web to provide fresh, high-quality answers. Bard can be an outlet for creativity and a springboard for curiosity, helping you explain new discoveries from NASA’s James Webb Space Telescope to a 9-year-old, or learn more about the best strikers in soccer right now, and then get drills to build your skills.”
The world is ready to approach these new kinds of technologies. As crypto ecosystems will also benefit in different ways, other companies are moving toward integration.
But not only Google, other giants such as Microsoft are broadening their horizons toward artificial intelligence. The coming months will be very important to understand how different companies will move with respect to this area.
The technological future is indeed near, we are ready for the revolution.