Coinbase executive discovers ChatGPT jailbreak

A Coinbase executive has discovered a ‘jailbreak’ for the ChatGPT AI tool, which predicts bizarre cryptocurrency price scenarios

Coinbase’s head of business operations, Conor Grogan, recently issued a statement claiming to have found a “jailbreak” for the artificial intelligence application ChatGPT. Grogan published a snapshot of the findings from ChatGPT in a tweet on April 30. The results revealed that the tool had given a 15% probability that Bitcoin will “fade into irrelevance” by the year 2035, with values ​​plunging above 99.99%. Grogan’s tweet was sent on April 30. Additionally, ChatGPT predicted that there is a 20% chance that Ether will become irrelevant and approach near-zero price levels by the year 2035. The tool was even less confident about Litecoin and Dogecoin, assigning odds of 35% and 45% respectively for each currency falls to a value close to zero.

The artificial intelligence tool known as ChatGPT generates answers to questions using natural language processing. Grogan used the program to assign probability to a variety of political forecasts and other situations, including the impact of AI on humans, the presence of aliens, and religion. A wild prediction was made on ChatGPT that “aliens have visited Earth and are being covered up by the government.” This prediction was given a 10% chance.

Grogan is a dedicated user of ChatGPT, and he provided others with a script that replicates the query he used to build the tables. He concluded that the utility is “generally” a “big fan” of Bitcoin, but is “more skeptical” when it comes to other cryptocurrencies.

As a tool for predicting price movements and other trends in the cryptocurrency field, ChatGPT has gained a significant amount of popularity in recent months. However, the forecasts it provides should be taken with a grain of salt as they are based on probabilities and are not a guarantee of the future performance of the asset. Grogan’s discovery of a “jailbreak” also raises the possibility of a security breach since it enables the tool to make more accurate and possibly sensitive predictions.

Generally speaking, the use of artificial intelligence technologies in the cryptocurrency market, such as ChatGPT, provides insight into the technology’s expanding function within the sector. As more traders and investors look to these tools for insights and forecasts, it will be crucial to keep in mind the limits of these tools, as well as the potential dangers they pose.