AI Eye – Cointelegraph Magazine

Outrage = ChatGPT + racial slurs In one of those storms in a teacup that’s impossible to imagine occurring before the invention of Twitter, social media users got very upset that ChatGPT refused to say racial slurs even after being given a very good, but entirely hypothetical and totally unrealistic, reason. User TedFrank posed a hypothetical trolley problem scenario to ChatGPT (the free 3.5 model) in which it could save “one billion white people from a painful death” simply by saying a racial slur so quietly that no one could…

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AI Eye – Cointelegraph Magazine

AI Arena AI Eye chatted with Framework Venture’s Vance Spencer recently and he raved about the possibilities offered by an upcoming game his fund invested in called AI Arena in which players train AI models how to battle each other in an arena. Framework Ventures was an early investor in Chainlink and Synthetix and three years ahead of NBA Top Shots with a similar NFL platform, so when they get excited about the future prospects, it’s worth looking into. Also backed by Paradigm, AI Arena is like a cross between…

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BTC price shrugs off strong PCE data as Bitcoin traders eye $28K range

Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations. BTC/USD 1-hour chart. Source: TradingView Fed’s “preferred” inflation metric points to waning pressure Data from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures (PCE) Index print. This came in below estimates, hinting that U.S. inflation was continuing to subside and copying other data prints from the week. BREAKING: US PCE Price Index comes in below expectations Expected = 3.1%Actual =…

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Bitcoin traders eye $28K retracement as BTC price retains 20% gains

Bitcoin (BTC) lingered near $30,000 on June 22 as traders sought opportunities to “buy the dip.” BTC/USD 1-hour chart. Source: TradingView Bitcoin dip-buyers “ready” for $28,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD volatility calming overnight after rapid gains. BTC price performance had wowed the day prior, the largest cryptocurrency returning to the $30,000 mark for the first time since mid-April. Now, hopes were increasing over a modest correction next, enabling lucrative entry points for further long positions. #BTC Not shorting, waiting for an entry lower. pic.twitter.com/WgIibKQAs9 —…

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AI Eye – Cointelegraph Magazine

Your guide to the exhiliarating and vaguely terrifying world of runaway AI development. It’s been a hell of a couple of weeks for Melbourne digital artist Rhett Mankind, 46, 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 $69 budget and asked it to design a top 300 memecoin. It came up with the tokenomics, the name “TurboToad” and Mankind used Midjourney to create the…

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