AI coins are performing strongly with increasing interest as the cryptocurrency market struggles with challenges. AI is going mainstream with ChatGPT. This, in turn, supports the price performance of AI coins.
AI coins are blowing in the market!
Leading crypto Bitcoin and major altcoin projects continue to have difficulties finding direction. However, AI coins (Artificial Intelligence cryptocurrencies) have grown by 12.3% in the last 24 hours. Key top 10 AI coins performance were Cortex, which develops machine learning models on Blockchain, up 93.7%, and Fetch, which leverages AI and automation for dApp and peer-to-peer applications, up 33.7%.
Analysis of the 30-day time frame shows the strong performances of Cortex, PlatOn and Arcona, which are currently ranked 31st in the industry but added 108% to the native ARCONA token last month.
AI coins go viral
cryptocoin.com As we reported, crypto Twitter has seen a flood of posts regarding Lensa, an AI-powered selfie editor, and ChatGPT, a prototype chatbot that does an impressive job disguising itself. The use of ChatGPT is much more than just a fun chat to kill time. The program offers many applications, including coding and debugging, health advice, personal assistant tasks, and other creative functions such as marketing ideas and movie presentations.
According to ‘Twitter Chief Officer’ Aleksandr Volodarsky at freelance developer agency Lemon, ChatGPT’s influence is so great that its uptake rate dwarfs Netflix, Meta and Instagram.
ChatGPT has crossed 1M+ users in just 5 days.
To compare, it took Netflix 41 months, FB – 10 months, and Instagram – 2.5 months.
But many haven’t yet realized its full potential.
Here are the 10 mindblowing things you can do using it right now:
— Aleksandr Volodarsky 🇺🇦 (@volodarik) December 8, 2022
Zain Khan, Head of Marketing at life skills firm Prequel, warned that ChatGPT highlights how AI will ‘permanently change’ the marketing industry. He also has a wide repertoire of skills and talents. Based on this, its impact on industries is likely to span more than just the marketing industry. That’s why Kha says, “If you don’t pay attention, you’ll be out of a job very soon.”
Are AI capabilities overrated?
Sharad Joshi, a data scientist who studies ChatGPT’s capabilities, points out that ChatGPT sometimes gets things wrong. Joshi notes that ChatGPT has trouble dealing with information that is split into multiple sentences. In line with this, Joshi says, “He often focuses on irrelevant details, especially when listing time events. It also handles numbers inconsistently in a conversational context,” he says.
Experts emphasize that what is known as AI is advanced machine learning. He also says it’s not the AI portrayed in science fiction that can produce human-like responses without input. However, the technology is going mainstream, as the adoption of ChatGPT shows. Issac_py recently shared a series of tweets about Web3/crypto and the potential of AI. He concluded that it could bring the best of both worlds in terms of greater efficiency and reliability. Issac_py also noted:
For example, it is possible to use smart contract + AI to automatically enforce payment terms. It can also be used to release funds subject to the fulfillment of certain conditions.
