OpenAI’s latest version of Chat GPT-4 is taking the crypto world by storm
Former Coinbase CEO Conor Grogan reported that GPT-4 was able to identify several “security vulnerabilities” and explain how to exploit them when he inserted a live Ethereum smart contract into the AI tool.
Previous audits of smart contracts on ChatGPT’s previous version also showed that it could detect code errors to some extent.
I dumped a live Ethereum contract into GPT-4.
In an instant, it highlighted a number of security vulnerabilities and pinpointed surface areas where the contract could be exploited. It then confirmed a specific way I could take advantage of the contract pic.twitter.com/its5puakUW
— Conor (@jconorrogan) March 14, 2023
Founder of The Rundown, Rowan Cheung, also shared a video of GPT-4 transcribing a hand-drawn website into code.
I just watched GPT-4 turn a hand-drawn sketch into a functional website.
This is madness. pic.twitter.com/P5nSjrk7Wn
— Rowan Cheung (@rowancheung) March 14, 2023
ChatGPT can be used for cryptocurrency trading, using real-time market and price data to make decisions. The platform enables investors and traders to take advantage of the fluctuations of various cryptocurrencies, with the ability to interact with GPT-3’s AI through a chat interface – making it possible to receive immediate answers to questions or provide relevant information.
ChatGPT and cryptocurrency trading
On Twitter, a user demonstrated how they used Pine Script, a programming language for TradingView financial software, to develop a basic trading bot with help from ChatGPT.
Should I try running this chatGPT generated crypto trading algorithm? pic.twitter.com/0xlFoTNYdL
— guy 🦇🔊 (@wholisticguy) 5 December 2022
Another Twitter user used ChatGPT script code to instruct the AI to develop a trading terminal that can present current BTC/USDT trading pair orders on Binance, leveraging the exchange’s API.
ChatGPT-4 and smart contract creation
ChatGPT developers envision a future where artificial intelligence (AI) can assist smart contract developers in their work. A potential application is the use of smart contracts and AI to automatically enforce payment terms or release funds upon completion of specific conditions, as mentioned in a chirping by Isaac Py, a developer of ChatGPT.
In test results shared March 14 by Chat GPT’s creator OpenAI, “it passes a simulated bar exam with a score around the top 10% of test takers. By contrast, GPT-3.5’s score was around the bottom 10%.”
According to the data, GPT-4 achieved a score of 163 on the LSAT exam, which places it in the 88th percentile. The LSAT exam is a requirement for admission to law school in the United States.
Disclaimer: Our authors’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Do your own due diligence before doing anything related to the content of this article. Finally, CryptoSlate takes no responsibility if you lose money trading cryptocurrencies.