Coinbase exec uses ChatGPT ‘jailbreak’ to get odds on wild crypto scenarios
A Coinbase executive claims to have discovered a “jailbreak” for artificial intelligence tool ChatGPT, which allows it to calculate the probability of bizarre crypto price scenarios.
The crypto exchange’s head of business operations and avid ChatGPT user Conor Grogan shared a screenshot of the results of an April 30 Twitter post – showing ChatGPT stating that there is a 15% chance that Bitcoin (BTC) will “fade into irrelevance” with prices falling over 99.99% by 2035.
Meanwhile, the chatbot assigned a 20% chance of Ethereum (ETH) becoming irrelevant and approaching near-zero price levels by 2035.
However, ChatGPT was even less confident about Litecoin (LTC) and Dogecoin (DOGE), attributing probabilities of 35% and 45% respectively to the coins going to near zero.
The Coinbase CEO concluded that ChatGPT is “generally” a “big fan” of Bitcoin, but remains “more skeptical” when it comes to altcoins.
Before the cryptocurrency predictions, Grogan asked ChatGPT to assign odds to several political predictions involving Russian President Vladimir Putin, US President Joe Biden and former US President Donald Trump.
Other predictions were aimed at the impact of AI on humanity, religion and the existence of aliens.
“Aliens have visited Earth and are being covered up by the government” – a wild prediction read – which ChatGPT assigned a 10% probability.
The executive too shared a script of the prompt, which he then fed to ChatGPT to build the tables.
Grogan supported the accuracy of the results by claim to test the request over 100 times:
“I ran this query 100 times on a memory wiped GPT 3.5 and 4 and GPT would return very consistent numbers; the standard deviation was <10% in most cases, and directionally it was extremely consistent.”
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It’s not the first time the manager experimented with crypto-related issues using ChatGPT.
On March 15, Grogan showed that GPT-4 – the latest iteration of ChatGPT – can detect security vulnerabilities in Ethereum’s smart contracts and provide an overview of exploiting flawed contracts.
Studies conducted by OpenAI – the team behind ChatGPT – have shown that GPT-4 passes high school tests and law school exams with scores ranking in the 90th percentile.
Meanwhile, Italy recently lifted a ban on the AI tool after banning it for one month following a series of privacy concerns raised with Italian regulators.
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