For anyone who is serious about any aspect of the blockchain world and how it might be affected by AI; the first thing is to beware of AI hype in the crypto world. https://youtu.be/3H7Rk2soYZs

1. By: www.ProfitableInvestingTips.com

2. The new artificial intelligence app, ChatGPT, has
gotten a huge amount of attention for its ability
to mimic human conversations, produce high
quality writing, and even ace college level
exams. It has also engendered a bit of concern
for things like suggesting to a New York Times
reporter that he leave his wife to “live with”
the computer app!

3. We look at all of this attention to AI in regard to
investments in the crypto world of tokens,
NFTs, DeFi, the Metaverse, and various
blockchain applications. For anyone who is
serious about any aspect of the blockchain
world and how it might be affected by AI; the
first thing is to beware of AI hype in the crypto
world.

4. What Are Crypto AI Tokens?

5. Our first question when it came to crypto and AI
was about crypto tokens. There are some new
crypto tokens that have benefits based on the
use of AI as a technology. There are others that
simply have AI or artificial intelligence in the
name.

6. This reminds us of the dot com market rally
during which a company that had dot com or
.com in its name typically had an inflated stock
price until the dot com crash at which time any
company that was not finding a way to make
real money from their use of the internet went
out of business and took investors’ money with
them.

7. Companies that use an advanced computing
system (AI) to run their operations include the
Graph (GRT), SingularityNet (AGIX), Fetch.ai
(FET), Oasis Network (ROSE), and Ocean
Protocol (OCEAN). Each of these has a
legitimate AI or smart computing aspect to its
operations.

8. What Distinguishes AI from Algorithms and
Fast Computing?

9. We have had algorithms and fast computer
programs for years. However, a basic
algorithm follows a precise set of instructions
and rigidly calculates, sorts, and spits out
answers or makes basic “decisions.”

10. On the other hand, AI or artificial intelligence
learns from its experiences. In other words, is
has more complex programming and is able to
change its algorithms or decision trees based
on the results of its efforts. Advanced AI
systems interact with humans and “learn” from
those interactions. It is the capacity to self-
modify its internal algorithms that makes us
call these systems “intelligent.”

12. How Intelligent Are AI Systems Used for
Crypto-related Applications?

13. It remains to be seen how smart, intuitive, and
adaptable so-called AI systems used for crypto
tokens, DeFi, the Metaverse, and other
blockchain applications are or, frankly, how
adaptable and nimble they need to be.
ChatGPT can carry on extended conversations
and appear indistinguishable from another
human. It can write a college class thesis.

14. It can also sound more than a little crazy in giving
bad advice to a person who is depressed or
even suicidal. This tells us that even a fast and
verbally competent AI system does not
necessarily exercise good judgment by human
standards. They need to be watched over,
modified as needed, and overruled when
necessary.

15. Our current take on things is that even in the
cases where a crypto-related business is doing
its best to apply AI to its business, they are
generally starting with complex algorithms and
improving them step by step in order to
accomplish specific goals and not working to
create true human intelligence which their
business already has in the form of their staff
and owners.

16. For more insights and useful information about
investments and investing, visit
www.ProfitableInvestingTips.com.