Will AI Replace Crypto Jobs?

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

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.

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