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Home CryptoCurrency

Earn 500% from ChatGPT Stock Tips? Bard Left Left, $100M AI Memecoin: AI Eye

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May 15, 2023
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Earn 500% from ChatGPT Stock Tips?  Bard Left Left, $100M AI Memecoin: AI Eye
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Your guide to the long and vaguely terrifying world of runaway AI development.

It’s been a hell of a few weeks for 46-year-old Rhett Mankind, a Melbourne digital artist who enlisted ChatGPT to create a $100 million market cap coin called Turbo, which has now inspired a beeple artwork and saved a man’s life.

Mankind, who knows nothing about coding, gave ChatGPT a budget of $69 and asked them to design the top 300 memecoins. It came up with Tokonomics, the name “Turbotod” and Mankind used Midjourney to create the logo. Thanks to a surge of interest on social media, CoinGecko shows the coin has hit a valuation of $100 million and entered the top 300.

TurboToad
AI artwork for TurboToad. (Twitter)

There were a few hiccups: ChatGPT writes shoddy smart contracts, and Mankind needed to be asked to rewrite it multiple times based on error codes. The AI ​​didn’t even warn Mankind to watch out for bots that bought 90% of the token supply when it launched.

This killed off the TurboToad token and had to crowdfund another $6669 to launch a new token, Turbo, which NFT collector Pranksy helped launch a liquidity pool on Uniswap.

NFT artist Beeple then immortalized Memecoin with the world’s most immature artistic illustration, which the world’s most immature billionaire Elon Musk found hilarious.

Interest in Turbo saw his 100 NFT collection (created using AI) called Generation sell out, and he received a message from a suicidal man saying his story was life-saving.

“He says he owes his life to this, and of course he doesn’t, but just to know that it affects so many people in such a positive way, I’m so amazed by that reaction and was polite,” he says.

Mankind says ChatGPT means anyone can now launch a $100 million token.

“I’m just a single dude, I don’t have a team of people who have huge knowledge of certain things. And I can achieve that on my own with AI.

Mankind has handed over control of the project to a decentralized community and is in the process of rebuilding the website so that they can control it through ChatGPT.

“I’m going to bridge the gap between the community and the AI,” he says, adding the community will be able to interact directly with ChatGPT through a token-gated governance process. Tokenholders can vote for someone to come up with that week with the prompt “And that’s what the community does for the week, whoever comes up with the AI.”



Will AI take our jobs? authors edition

Professional writer Vamiani told reddit He had lost all his writing clients to ChatGPT and intends to retrain as a plumber.

“I’ve had some of these clients for 10 years. all gone. Some of them admitted that I Chat is clearly better than GPT, but the $0 overhead can’t be beat and is well worth the reduction in quality.

So can AI really replace human writers? ChatGPT can certainly replace “content mills” where writers are paid peanuts to churn out filler copy for websites; However, at this point, the AI ​​only retrieves existing content and cannot interview or produce creative And original new material… yet.

But that doesn’t mean websites looking to cut costs won’t try. cnetBankrate and AP are using AI to generate boring finance reports, while NewsGuard has identified 49 websites that are generated entirely by AI, including Biz Breaking News, Market News Reports and bestbudgetUSA.com .

There’s no clear competitive advantage to using AI writers, however, as Semrush chief strategy officer Eugene Levin told The Washington Post:

“The widespread availability of tools like ChatGPT means more people are producing similar cheap content, and they’re all competing for the same slot in Google search results.”

death of a writer
AI-generated novel Death of an Author. (Amazon)

“So they all have to crank out as many article pages as possible, each tuned to rank highly for specific search queries, in the hope that a fraction will break through.”

But what about using AI for more creative writing like movies, TV shows and books? Novelist Stéphane Marché produced a murder mystery novella called Death of an Author (gedit?), which was 95% written by ChatGPT. The New York Times called it “half-readable” and has a 3.7. Stars on amazon.

In Hollywood, the Writers Guild is on strike and is demanding a ban on the use of AI material. Writer C. Robert Cargill said: “You think Hollywood feels the same now? Wait until those same 100 people are rewriting ChatGPT.”

AI content creator curious_refuge gave us a glimpse of this dystopian future in an experiment (see below) where “100% of the news curation, jokes, artwork and voices” for a fake late-night comedy show were handed over to AI. The results were terrible – so it’s really hard to tell the difference.

Is Bard a Leftist?

Are chatbots politically left-wing? Initially ChatGPT faced a lot of criticism on this topic and now Google’s Bard too.

Australian Newspaper reported that the Bard chatbot said it hoped the Indigenous Voices for Parliament referendum – which is opposed by right-wing parties – would be a success; It praised Australia’s centre-left prime minister for “building a better future”, but said the “discredited” right-wing opposition leader was “dangerous and divisive”. Google has since implemented a fix. In the UK, The Mail reported that Bard thinks Brexit was “a bad idea” and “would have been better off staying in the UK.” It also spoke to former leader Jeremy Corbyn.

sound
ChatGPT’s answer about Voice (Australian)

When OpenAI’s competing bot ChatGPT was released, it was criticized for being too left-wing, but research suggests it quickly overcame neutral and moderate. For example, it refused to give the Mail’s opinion about Brexit or Corbyn.

Large language models are trained on massive amounts of material, much of which is produced by well-educated urban professionals, so it is not surprising that this partly reflects their politics. One way AI firms combat bias is by fine-tuning models through reinforcement learning with human feedback (RLHF), which attempts to align AI output with human values.

However, according to OpenAI CEO Sam Altman, this can introduce other biases. “The bias I’m most appalled by is the bias of human feedback raters,” he recently said on a podcast.

So don’t be surprised if your chatbot comes out strongly on the side of workers’ rights. NBC reported that human response AI raters are paid only $15 an hour and are starting to unionize.

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Can You Make 500% Returns Trading With ChatGPT?

This is absolutely isne 🤯

ChatGPT trading algorithm gave 500% return in share market.

A University of Florida study showed that ChatGPT achieved a staggering 500% return in an investment model

It supersedes the traditional sentiment analysis model used by hedge funds… pic.twitter.com/8vxIWmpqrY

— AI Daily (@AlexAIDaily) May 10, 2023

Various media outlets were very excited about a study by the University of Florida, which found ChatGPT to be able to predict stock market price movements and generated a 500% return. it’s not that easy.

While the paper found a “statistically significant predictive effect” by asking ChatGPT to recommend stocks based on sentiment, critics say such a return is far from a sure thing. Six different strategies were tried; Three made money, and three lost money. While one of the six made a 500% return, one strategy even lost 80%.

We’re about to find out if ChatGPT can predict stock prices using winning strategies in real life Chris Joseph, co-founder of Autopilot, set up a $50,000 portfolio and let ChatGPT suggest trades starting this week Gave. you can go with Here,

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video of the week

Instagram user Jim Dirks posted footage of Cowboys & Aliens on the Stable Diffusion subreddit to show how AI can automatically transform old Harrison Ford into young Harrison Ford.

Although Hollywood has performed expensive versions of this trick — including the new Indiana Jones movie Dial of Destiny — AI tools make it as easy as slapping on an Instagram filter. The top Reddit comment suggested it would become “the entertainment industry’s next autotune” to speed up the actor’s looks.

Curious_refuge had a huge hit with its Wes Anderson version star wars (pictured in a previous version) so he applied the same trick Lord of the Rings, It could just be me, but the gimmick looks like it has run its course now.

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Andrew Fenton

Andrew Fenton

Based in Melbourne, Andrew Fenton is a reporter and editor covering cryptocurrency and blockchain. She has worked as a national entertainment writer for News Corp Australia, as a film journalist on SA Weekend and at The Melbourne Weekly.

follow author @andrewfenton

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