Sam Altman is one of the co-founders of the OpenAI, which launched the latest version of the ChatGPT recently. It has the potential to change the way things are done in the crypto world.
According to Sam Altman, ChatGPT, a highly competent language model, can currently explore the web and supply timely and current information complete with link references. Unlike before, it can now view dates up to August 2022. This widens the scope for ChatGPT in the cryosphere.
However, the restricted knowledge base limited the application of its success in predicting crypto prices. The latest capability that has been added to ChatGPT is the ability to draw current data directly and with it more informed outlook on the fast-changing marketplace of cryptocurrencies.
ChatGPT Role in The Crypto Industry
ChatGPT’s impact on the crypto industry goes beyond price predictions. In June, Elliptic, a prominent firm specializing in managing crypto risks, integrated ChatGPT into its intelligence and research operations. This integration aims to bolster the efficiency and accuracy of Elliptic’s research efforts, enabling investigator teams to identify emerging risk factors and manage larger volumes of risks effectively.
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Furthermore, the Solana Foundation integrated ChatGPT into its network, introducing a new plugin that enables users to directly access features like checking wallet balances, transferring tokens, and purchasing non-fungible tokens (NFTs) with Solana through ChatGPT.
Cryptocurrency exchange Bitget has also embraced AI in various capacities to enhance its services and stay ahead of the curve. AI tools are employed to streamline processes, with notable improvements in the translation team’s efficiency and the customer service department’s responsiveness.
Bitget is actively working on an AI-powered chatbot, inspired by OpenAI’s ChatGPT, aimed at assisting users in their trading activities. It’s clear that AI integration is driving innovation and efficiency across multiple sectors within the cryptocurrency industry.
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ChatGPT Predictions For The Future of Web3
Recently, marketeer and Web 3 entrepreneur, Stacy Muur, asked ChatGPT about its views concerning Web 3 future. To this, the chatbot outlined a meaningful timeline that could see the world adopt cryptocurrencies by 2024; decentralized identity by 2025, and finally replace the current model of financial service by DeFi by the year 2026.
Furthermore, ChatGPT anticipated the creation of DAOs, blockchain adoption in health care, and the development of green blockchain ecosystems before 2035. These technologies were seen as the key to providing safe, efficient, and peer-to-peer internet storage that could replace cloud or server-based storage systems.
Wrap-Up ChatGPT Latest Enhancement
In conclusion, ChatGPT’s newly upgraded model can revolutionize crypto by becoming a reliable source that gives live data insights. The chatbot has also proved relevant in the past years and as it keeps growing and integrates into different platforms, its impact as well as possibilities within the cryptocurrency sphere will only continue to grow, leading to a new age in the industry.
Frequently Asked Questions (FAQs) ChatGPT Latest Enhancement
What are the new features of ChatGPT?
ChatGPT’s recent update includes enhanced capabilities like narrating bedtime stories, recognizing objects in photos, and responding to audio recordings, expanding its role beyond traditional chatbot functions.
What is the latest ChatGPT version?
The most recent version of ChatGPT is based on the GPT-4 update, introducing impressive features like enhanced voice and image analysis capabilities since its public launch on November 30, 2022.
What is enhanced ChatGPT?
Enhanced ChatGPT is a Chrome extension augmenting ChatGPT with added functions like chat export and template customization, enabling users to save conversations and personalize their experience.