{"id":18652,"date":"2023-05-15T14:19:09","date_gmt":"2023-05-15T14:19:09","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/make-500-from-chatgpt-stock-tips-bard-leans-left-100m-ai-memecoin-ai-eye\/"},"modified":"2023-05-15T14:19:14","modified_gmt":"2023-05-15T14:19:14","slug":"make-500-from-chatgpt-stock-tips-bard-leans-left-100m-ai-memecoin-ai-eye","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/make-500-from-chatgpt-stock-tips-bard-leans-left-100m-ai-memecoin-ai-eye\/","title":{"rendered":"Make 500% from ChatGPT stock tips? Bard leans left, $100M AI memecoin: AI Eye"},"content":{"rendered":"<div>\n<p><em>Your guide to the exhiliarating and vaguely terrifying world of runaway AI development.<\/em><\/p>\n<p><strong>It\u2019s 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\u2019s life.<\/strong><\/p>\n<p>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 \u201cTurboToad\u201d and Mankind used Midjourney to create the logo. Thanks to interest sparked on social media, CoinGecko shows the token hit a $100M valuation and joined the Top 300.\u00a0<\/p>\n<figure class=\"wp-block-image alignright size-large is-resized\"><noscript><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/Turbo-1024x1024.jpg\" alt=\"TurboToad\" class=\"wp-image-19589\" width=\"466\" height=\"466\"  \/><\/noscript><figcaption class=\"wp-element-caption\">AI artwork for TurboToad. (Twitter)<\/figcaption><\/figure>\n<p>There were a few hiccups: ChatGPT writes shitty smart contracts, and Mankind needed it to ask it for numerous rewrites based on error codes. The AI also didn\u2019t warn Mankind to look out for the bots that bought 90% of the token supply when it launched.<\/p>\n<p>That put an end to the TurboToad token and he had to crowdfund another $6669 to launch the new token Turbo, with NFT collector Pranksy helping by launching a liquidity pool on Uniswap.\u00a0<\/p>\n<p>NFT artist Beeple then immortalized the memecoin with the world\u2019s most immature artistic depiction, which the world\u2019s most immature billionaire, Elon Musk, thought was hilarious.<\/p>\n<p>The interest in Turbo also saw his 100 NFT collection (created using AI) called Generations sell out, and he received a message from a suicidal man saying his story had been life-saving.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>\u201cHe sort of says he owes me his life because of that, and of course he doesn\u2019t, but just to know that it\u2019s affected so many people in a positive way, I was very surprised and sort of humbled by that response,\u201d he says. <\/p>\n<p>Mankind says ChatGPT means anyone can now launch a $100 million token.<\/p>\n<p>\u201cI\u2019m just a solo dude, I don\u2019t have a team of people who have a huge amount of knowledge of certain things. And I could achieve this by myself with AI.<\/p>\n<p>Mankind has handed over control of the project to a decentralized community and is in the process of rebuilding the website so they can control it via ChatGPT.<\/p>\n<p>\u201cI\u2019m going to close the gap between the community and the AI,\u201d he says, adding the community will be able to interact directly with ChatGPT via a token-gated governance process. Tokenholders might vote for someone to come up with the prompt that week \u201cand that\u2019s what the community does for the week, whatever the AI comes up with.\u201d<\/p>\n<section class=\"adv-banner adbutler-ad adbutler-ad__desktop\">\n<div class=\"container\"><!-- 1456x180 [img] --><br \/>\n<img decoding=\"async\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/;ID=169476;size=728x90;setID=601214;referrer=https:\/\/cointelegraph.com\/magazine\/make-500-from-chatgpt-stock-tips-bard-leans-left-100m-ai-memecoin-ai-eye\/;type=img.png\"\/><noscript><img decoding=\"async\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/;ID=169476;size=728x90;setID=601214;referrer=https:\/\/cointelegraph.com\/magazine\/make-500-from-chatgpt-stock-tips-bard-leans-left-100m-ai-memecoin-ai-eye\/;type=img.png\"\/><\/noscript><\/div>\n<\/section>\n<section class=\"adv-banner adbutler-ad adbutler-ad__mobile\">\n<div class=\"container\"><!-- 600x500 [img] --><br \/>\n<img decoding=\"async\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/;ID=169476;size=300x250;setID=601213;referrer=https:\/\/cointelegraph.com\/magazine\/make-500-from-chatgpt-stock-tips-bard-leans-left-100m-ai-memecoin-ai-eye\/;type=img.png\"\/><noscript><img decoding=\"async\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/;ID=169476;size=300x250;setID=601213;referrer=https:\/\/cointelegraph.com\/magazine\/make-500-from-chatgpt-stock-tips-bard-leans-left-100m-ai-memecoin-ai-eye\/;type=img.png\"\/><\/noscript><\/div>\n<\/section>\n<h2 id=\"h-will-ai-take-our-jobs-writers-edition\"><strong>Will AI take our jobs? Writers\u2019 edition<\/strong><\/h2>\n<p>Professional writer Whamiani told Reddit he\u2019d lost all his writing clients to ChatGPT and intends to retrain as a plumber. <\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cI have had some of these clients for 10 years. All gone. Some of them admitted that I am obviously better than chat GPT, but $0 overhead can\u2019t be beat and is worth the decrease in quality.\u201d<\/p>\n<\/blockquote>\n<p>So can AI really replace human writers? ChatGPT can certainly replace \u201ccontent mills\u201d where authors are paid peanuts to churn out filler copy for websites; however, at this point, AI just regurgitates existing content and can\u2019t conduct interviews or produce creative and original new content\u2026 yet.\u00a0<\/p>\n<p>But that doesn\u2019t mean cost-cutting websites aren\u2019t going to try. CNET, Bankrate and AP are using AI to generate boring finance reports, while NewsGuard has identified 49 websites that are wholly generated by AI, including Biz Breaking News, Market News Reports, and bestbudgetUSA.com.\u00a0<\/p>\n<p>There\u2019s no clear competitive advantage to using AI writers, however, as Semrush Chief Strategy Officer Eugene Levin told the Washington Post:<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cThe wide availability of tools like ChatGPT means more people are producing similarly cheap content, and they\u2019re all competing for the same slots in Google search results.\u201d<\/p>\n<\/blockquote>\n<figure class=\"wp-block-image alignright size-full is-resized\"><img decoding=\"async\" alt=\"Death of an Author\" class=\"wp-image-19591\" width=\"273\" height=\"410\"  data-lazy- src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/Death-of-an-Author.jpg\"\/><noscript><img decoding=\"async\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/Death-of-an-Author.jpg\" alt=\"Death of an Author\" class=\"wp-image-19591\" width=\"273\" height=\"410\"  \/><\/noscript><figcaption class=\"wp-element-caption\"><em>AI-generated novel Death of an Author. (Amazon)<\/em><\/figcaption><\/figure>\n<p>\u201cSo they all have to crank out more and more article pages, each tuned to rank highly for specific search queries, in hopes that a fraction will break through.\u201d<\/p>\n<p>But what about using AI for more creative writing like movies, TV shows and books? Novelist Stephen Marche has produced a murder mystery novella called Death of an Author (geddit?) which was 95% written by ChatGPT. The New York Times called it \u201chalfway readable\u201d and it has 3.7 stars on Amazon.\u00a0<\/p>\n<p>In Hollywood, the Writers Guild is on strike, and demanding a ban on the use of AI content. Writer C. Robert Cargill said: \u201cYou think Hollywood feels samey now? Wait until it\u2019s just the same 100 people rewriting ChatGPT.\u201d<\/p>\n<p>AI content creator Curious_refuge gave us a glimpse of this dystopian future in an experiment (see below) where \u201c100% of the news curation, jokes, artwork, and voice\u201d for a fake late-night comedy show were handed over to AI. The results were awful \u2014 so it\u2019s hard to tell the difference, really.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<h2 id=\"h-is-bard-left-wing\"><strong>Is Bard left-wing?<\/strong><\/h2>\n<p>Are chatbots politically biased to the left? ChatGPT came under a lot of criticism on the subject early on, and now so has Google\u2019s Bard.<\/p>\n<p>The Australian newspaper reported that Bard chatbot said it hoped the Indigenous Voice to Parliament referendum \u2014 which is opposed by right-wing parties \u2014 would be a success; it praised Australia\u2019s center-left prime minister for \u201cbuilding a better future,\u201d but said the \u201creviled\u201d right-wing opposition leader was \u201cdangerous and divisive.\u201d Google has since implemented a fix. In the UK, The Mail reported Bard thinks Brexit was \u201ca bad idea\u201d and \u201cthe UK would have been better off remaining in the UK.\u201d It also talked up former leader Jeremy Corbyn.<\/p>\n<figure class=\"wp-block-image alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" alt=\"The Voice\" class=\"wp-image-19592\" width=\"355\" height=\"274\"  data-lazy- src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/The-voice.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/The-voice.png\" alt=\"The Voice\" class=\"wp-image-19592\" width=\"355\" height=\"274\"  \/><\/noscript><figcaption class=\"wp-element-caption\">ChatGPT\u2019s answer about the Voice (The Australian)<\/figcaption><\/figure>\n<p>When OpenAI\u2019s competing bot ChatGPT was released, it was criticized for being very left wing but research suggests it quickly became more neutral and centrist. It refused to give the Mail opinions about Brexit or Corbyn, for example.\u00a0<\/p>\n<p>Large language models are trained on enormous volumes of content, much of which is produced by well-educated urban professionals, so it is not surprising it reflects their politics in part. One way AI firms combat bias is by fine-tuning the models via reinforcement learning with human feedback (RLHF), which tries to align the AI output with human values.<\/p>\n<p>However, this may introduce other biases, according to OpenAI CEO Sam Altman. \u201cThe bias I\u2019m most nervous about is the bias of the human feedback raters,\u201d he said on a recent podcast.<\/p>\n<p>So don\u2019t be surprised if your chatbot comes out strongly in favor of workers\u2019 rights. NBC reported that human feedback AI raters are only paid $15 an hour and are starting to unionize.<\/p>\n<div class=\"article-suggest\">\n<p>Read also<\/p>\n<div class=\"article-suggest__items\">\n<div class=\"article-suggest__item\">\n<p>                            <span>Features<\/span><\/p>\n<p>Sweden: The Death of Money?<\/p>\n<\/p><\/div>\n<div class=\"article-suggest__item\">\n<p>                            <span>Features<\/span><\/p>\n<p>You can now clone NFTs as \u2018Mimics\u2019: Here\u2019s what that means<\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n<h2 id=\"h-can-you-make-a-500-return-trading-with-chatgpt\"><strong>Can you make a 500% return trading with ChatGPT?<\/strong><\/h2>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This is absoutely isnane \ud83e\udd2f<\/p>\n<p>A ChatGPT trading algorithm delivered 500% returns in the stock market.<\/p>\n<p>A University of Florida study revealed ChatGPT achieved a staggering 500% return in one investing model<\/p>\n<p>This outpaces conventional sentiment analysis models used by hedge funds\u2026 <a rel=\"nofollow noopener\" href=\"https:\/\/t.co\/8vxIWmpqrY\" target=\"_blank\">pic.twitter.com\/8vxIWmpqrY<\/a><\/p>\n<p>\u2014 AI Daily (@AlexAIDaily) <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/AlexAIDaily\/status\/1656363018454970368?ref_src=twsrc%5Etfw\" target=\"_blank\">May 10, 2023<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Various media outlets got very excited about a University of Florida study found that ChatGPT is able to predict stock market price movements and had made a 500% return.\u00a0It\u2019s not quite that simple.<\/p>\n<p>While the paper did find a \u201cstatistically significant predictive effect\u201d by asking ChatGPT to recommend stocks based on sentiment, critics point out such a return is far from a sure thing. Six different strategies were tried; three made money, and three lost money. While one of the six did return 500%, one strategy also lost 80%.\u00a0<\/p>\n<p>We\u2019re about to find out if ChatGPT can predict stock prices using the winning strategy in real life, with Autopilot co-founder Chris Josephs setting up a $50,000 portfolio and letting ChatGPT suggest the trades from this week. You can follow along <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/chatgpttrader\" target=\"_blank\">here<\/a>.<\/p>\n<div class=\"article-suggest\">\n<p>Read also<\/p>\n<div class=\"article-suggest__items\">\n<div class=\"article-suggest__item\">\n<p>                            <span>Features<\/span><\/p>\n<p>Tokenomics not Ponzi-nomics: Influencing behavior, making money<\/p>\n<\/p><\/div>\n<div class=\"article-suggest__item\">\n<p>                            <span>Features<\/span><\/p>\n<p>Bitcoin ledger as a secret weapon in war against ransomware<\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n<h2 id=\"h-videos-of-the-week\"><strong>Videos of the week<\/strong><\/h2>\n<p>Instagram user Jim Derks posted footage from Coyboys and Aliens on the Stable Diffusion subreddit to showcase how AI can automagically transform old Harrison Ford into young Harrison Ford.<\/p>\n<p>Although Hollywood has performed expensive versions of this trick \u2014 including in the new Indiana Jones movie Dial of Destiny \u2014 AI tools make it as easy as slapping on an Instagram filter. The top Reddit comment suggested it will become \u201cthe next autotune of the entertainment industry\u201d to sharpen up the actor\u2019s looks.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube\">\n<p>\n<iframe title=\"Stable Diffusion Deepfake - De-Aged Harrison Ford\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/a5BGZx4CnY8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/p>\n<\/figure>\n<p>Curious_refuge had a big hit with its Wes Anderson version of <em>Star Wars<\/em> (featured in the last edition) so they applied the same tricks to <em>Lord of the Rings<\/em>. It might be just me, but the gimmick feels like it has run its course now.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<div class=\"subscribe subscribe--inner\">\n<div class=\"container\">\n<div class=\"subscribe__inner\">\n<div class=\"subscribe__content\">\n<p>Subscribe<\/p>\n<p>The most engaging reads in blockchain. Delivered once a<br \/>\n        week.<\/p>\n<\/div>\n<div class=\"subscribe__img\">\n    <img decoding=\"async\" alt=\"Subscribe to Magazine by Cointelegraph Newsletter.\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/10\/reading-copy.png\"\/><noscript><img decoding=\"async\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/10\/reading-copy.png\" alt=\"Subscribe to Magazine by Cointelegraph Newsletter.\"\/><\/noscript>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"author category_page\">\n<div class=\"author__img\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" alt=\"Andrew Fenton\" height=\"300\" width=\"300\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/Andrew-Fenton-New-CT-Headshot.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/05\/Andrew-Fenton-New-CT-Headshot.jpg\" alt=\"Andrew Fenton\" height=\"300\" width=\"300\"\/><\/noscript>\n\t\t\t\t\t\t<\/div>\n<div class=\"author__content\">\n<h2 class=\"author__name\">Andrew Fenton<\/h2>\n<p>Based in Melbourne, Andrew Fenton is a journalist and editor covering cryptocurrency and blockchain. He has worked as a national entertainment writer for News Corp Australia, on SA Weekend as a film journalist, and at The Melbourne Weekly.<\/p>\n<div class=\"author__follow body-l\">\n\t\t\t\t\tFollow the author \t\t\t\t\t\t\t<a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/andrewfenton\" target=\"_blank\">@andrewfenton<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<section class=\"news\">\n<\/section>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your guide to the exhiliarating and vaguely terrifying world of runaway AI development. It\u2019s 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\u2019s life. Mankind, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-18652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Make 500% from ChatGPT stock tips? Bard leans left, $100M AI memecoin: AI Eye | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/crypto\/make-500-from-chatgpt-stock-tips-bard-leans-left-100m-ai-memecoin-ai-eye\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Make 500% from ChatGPT stock tips? Bard leans left, $100M AI memecoin: AI Eye | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Your guide to the exhiliarating and vaguely terrifying world of runaway AI development. It\u2019s 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\u2019s life. 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