Bitcoin Price In 2035: Coinbase Exec Hacks ChatGPT For Prediction

Coinbase‘s COIN head of business operations Conor Grogan, on Sunday, claimed to have discovered a “jailbreak” for artificial intelligence, or AI, tool ChatGPT, allowing it to calculate the probability of bizarre cryptocurrency price scenarios.

What Happened: Grogan shared a screenshot of the tool’s results on Twitter, showing that ChatGPT stated there was a 15% chance that Bitcoin BTC/USD would “fade to irrelevancy” by 2035, with prices falling over 99.99%.

I ran this prompt 100 times on a wiped memory GPT 3.5 and 4 and GPT would return very consistent numbers; standard deviation was <10% in most cases, and directionally it was extremely consistent
— Conor (@jconorgrogan) April 30, 2023

Ethereum ETH/USD was given a 20% chance of becoming irrelevant, with Litecoin LTC/USD and Dogecoin DOGE/USD given probabilities of 35% and 45%, respectively, of approaching near-zero price levels by 2035.

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Why It Matters: Grogan shared the script of the prompt that he used to build the tables in ChatGPT, declaring that he had tested this prompt over 100 times.

“I ran this prompt 100 times on a wiped memory GPT 3.5 and 4 and GPT would return very consistent numbers; standard deviation was <10% in most cases, and directionally it was extremely consistent,” he said.

On March 15, Grogan revealed on Twitter that the latest iteration of ChatGPT could spot security vulnerabilities in Ethereum smart contracts and provide an outline to exploit faulty contracts.

ChatGPT is an AI language model created by OpenAI and is used for natural language processing.

Price Action: At the time of writing, BTC was trading at $28,488, down 2.99% in the last24 hours, according to Benzinga Pro.