0

Will AI Replace Crypto Jobs?

PUBLISHED Dec 30, 2022, 11:15:21 PM        SHARE

img
imgTobi Opeyemi Amure

OpenAI wowed the world when it introduced ChatGPT in 2022. It was a breakthrough that made many people question the advancements of artificial intelligence (AI). People were becoming scared, asking, ”Is AI finally taking over?” and “Will they also replace people in the crypto scene?”

There has been lots of apprehension regarding this, and this article will answer that question. It would show whether ChatGPT and the other AI out there would be replacing people in the crypto scene.

What is ChatGPT?

ChatGPT, OpenAI’s latest development, is one of the most popular pieces of AI software around right now. The successor to InstructGPT is capable of much more than its instruction-following cousin. This software uses OpenAI’s GPT-3 natural language processing capabilities to ensure human-like conversations with users.

Unlike the artificial intelligence chatbots that have come before this, ChatGPT is capable of admitting that it made a mistake. This isn’t the only human-like quality that it has, though. It can also challenge incorrect assumptions and reject inappropriate requests.

OpenAI created ChatGPT using Reinforcement Learning from Human Feedback (RLHF), just like InstructGPT. Unlike InstructGPT, however, this chatbot was trained using the supervised fine-tuning method.

In this model, human trainers provide answers to both sides of an AI and chatbot conversation. This conversation is then mixed with the InstructGPT dataset to provide the dialog format that ChatGPT uses for responses.

What Are the Capabilities of ChatGPT?

ChatGPT, as one of the leading artificial intelligence software programs in its field, has a number of intriguing features, including:

Writing and Debugging Code

Although it's not perfect, ChatGPT can write simple code, and it can also debug code. So, if you’re a programmer with no skill in debugging code, you can have this AI do it for you. For code writing, it can do the simple stuff and take a programmer's career to the next level.

Creating Content

If you’re a content writer, copywriter, blog writer, or music composer, ChatGPT can help you out. Regardless of the type of content that you need, this AI is an expert at it. It can also make your write-ups more elegant and even allow you to achieve more as a writer.

Explaining Complex Things

Alongside the capability to solve math questions, this AI can also handle other complex things. So, if you need someone to explain how electricity works, or how a handgun functions, then this AI can help. It will thoroughly explain things that anyone can understand.

What Are the Limitations of ChatGPT?

While ChatGPT offers many advantages, that doesn’t absolve it from having disadvantages. Some of these disadvantages are glaring, while others are minor, and they’re all examined below:

ChatGPT Is Sensitive to Word Phrasing

There’s a chance of asking this software a question, and it will answer that it knows nothing about it. However, if you phrased that question differently, it would be easier to answer. This shows that it's far from perfect in its ability to understand users.

Clarifications Are Required for Complex Questions

This AI can only answer simple questions. Anything beyond that, and the chat AI would request further clarifications. Sometimes, the AI might not even request clarification; it would just guess what the user needs.

Some Solutions Are Overly Complicated

The ability of ChatGPT to answer questions correctly isn’t perfect. There's still a chance that this AI will give an incorrect but plausible-sounding answer to a question. So, if you don’t know what the right answer to your question is, you might just be misled.

Can ChatGPT Replace Crypto Jobs?

Although ChatGPT boasts a multitude of exciting capabilities, it's still not enough to replace a human in many fields. One of these fields is the crypto scene.

This AI is ultimately “chat” software, meant for conversing with users. As such, its capability of succeeding in the ever-changing and volatile crypto scene is negligible. It’s just not capable of understanding the complexities of the crypto scene, nor can it provide accurate results each time.

This chatbot is also far from being a finished product, as OpenAI just released it for research. They want to use the responses from users to better ascertain the weaknesses and strengths of this software. So, if you’re thinking of having ChatGPT replace humans, that won’t be happening anytime soon.

The other artificial intelligence software available, like ChatGPT, cannot completely replace humans. Sure, some of them are now present in the crypto scene, but their jobs are overly specialized. They can only perform simple repetitive tasks, while the more complex decision-making processes still require human supervision.

Final Thoughts

ChatGPT is a great development in the world of natural language processing, a breakthrough that can converse well with users. However, it’s ultimately a product in its testing phase; it can’t take over from humans on the crypto scene. Besides ChatGPT, the other AIs around won’t be able to operate in the crypto scene without human supervision anytime soon.



Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
What are the Highest Dividend Utility Stocks
Image

Find out about the Highest Dividend Utility Stocks in this article.

What are the Top Renewable Energy Utilities?
Image

Find out about the Top Renewable Energy Utilities

How to Analyze Stocks Using a Stock Selection Guide
Image

In this article, we'll walk through the steps of using an SSG and discuss tips for effectively using the analysis.

How to Get Your Stock Analysis on a StockBossUp Topics Page
Image

The topics pages get significantly more views for the articles on them. In this article, we show you how you can get your stock analysis on to a topics page.

The Three Pillars of Successful Investment - Psychology (part 2)
Image

This is Part 2 of a 4 part article on the Psychology of investing (often skipped or overlooked).

Monthly Dividend Utility Stocks
Image

This article covers all we need to know about Monthly Dividend Utility Stocks.

Is Duke Energy a Buy?
Image

Find out if Duke is a Buy in this article.

What is a Stock Selection Guide?
Image

The Stock Selection Guide is a great stock picking methodology that uses a company's fundamentals to assess its investment viability.

Japan Surprises
Image

The Bank of Japan surprised everyone may lifting the 10-year yield curve cap to 0.50% from 0.25%.

The Top Value Investments
Image

These are the top value stock ideas picked by the top investors on the platform.

The Top Financial News and Analysis
Image

The top articles and commentary on recent and relevant financial, economic, and business news.

The Top Macroeconomic News and Analysis
Image

The articles and commentary on world macroeconomics that are relevant now

The Top Stocks Analyzed Using the Stock Selection Guide (SSG)
Image

These top stocks were analyzed using the stock selection guide and picked by the top investors on the platform.

The Year Winding Down
Image

Stock Market Commentary

Why is Book Value Important?
Image

Book value is a investment metric that new investors need to understand. Book value gives investors an insight into a stock's intrinsic value.

Is Entergy Corp a Buy?
Image

Entergy is trading at a significantly lower valuation than its competitors. As a result, the company is currently undervalued, and better to buy it. Read more.

Is Exelon a Buy?
Image

Exelon Corp. ( EXC ) is getting a lot of attention these days, with analysts and investors trying to figure out if the company is worthy. Read more!

META Lesson 2: Accounting Inconsistencies and Consequences
Image

In my last post I used Facebook's recent troubles to talk about the importance of corporate governance

How to Strengthen Your Four Walls of Budgeting
Image

When you are in debt, it may feel like you are digging yourself deeper with every dollar you spend. And as the bills start mounting and collection agencies are pressuring you to pay, it’s easy to panic and forget your priorities. However, knowing the four walls of budgeting can help remind you what is most important in your budget. So if you are having a hard time making ends meet, here are a few ways you can strengthen your four walls of budgeting and get closer to your financial goals.

What Are The Best Stocks To Buy Now?
Image

As an investor, one of the trickiest things to figure out is which stocks to buy and when. The holiday season and post-midterm climate alter the landscape a bit. Additionally, many companies are examining their year-end figures, with some exceeding recent expectations and others falling notably short. As a result, it’s hard to choose the right investments. If you’re trying to figure it out, here are some of the best stocks to buy now.

Resources for Publishers
Resources for New Investors