We have the inside scoop on what OpenAI’s ChatGPT “thinks” about the future of AI and DeFi. skesslr co-writes this week’s edition of Valid Points.
, the AI reliably spits out human-like, logical responses to nearly any prompt you throw at it. Speaking with it has me feeling like I did when I first swiped to unlock the screen of an iPhone.
Am I lazy for doing this? Yes. Do I still think it's interesting? Also yes. Someone at CoinDesk had to figure out whether AI is going to take our jobs, and I’m happy to have been that someone.We offered the following prompt to ChatGPT:"Write a CoinDesk article about how AI might be used in decentralized finance." The bot returned six paragraphs. We've included the first five paragraphs verbatim.
One potential use case for AI in DeFi is the creation of more sophisticated and intelligent trading algorithms. These algorithms could be used to analyze market trends and make more accurate predictions about the direction of asset prices, helping traders to make more informed investment decisions. However, there are also potential risks associated with the use of AI in DeFi. One concern is that the use of AI algorithms in trading and lending could lead to the creation of"black box" systems that are difficult to understand and regulate. This could make it difficult for regulators to monitor and control these systems, and could also create potential risks for investors and borrowers.
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