Google’s Gemini and OpenAI’s ChatGPT go head-to-head in Cointelegraph test

Earlier this week, Google launched its latest artificial intelligence (AI) model, Geminiwhich claimed to be the most advanced model currently available on the market, more so than the popular OpenAI-developed GPT-4 model.

This bold statement was treated as a challenge by community detectives via the Internetwho quickly went on to examine the methods and benchmarks used by Google to claim Gemini's supposed superiority and mocked the company's marketing of the product.

David Gull, CEO of Vital, an AI-powered wellness startup, told Cointelegraph that each model, whether GPT-4, LLaMa, or now Gemini, has its own set of strengths and challenges.

“When navigating the world of AI startups, choosing the right language model is key to the success of your product. With the introduction of the Gemini AI model by Google, our LLM options have expanded significantly.”

Currently, OpenAI's GPT-4 model stands out for its "broad real-world application," along with enhanced security measures, he added.

Gull said that as companies "dive into" Gemini, a good goal would be to "strike a balance between performance and customization" that aligns with the company's mission and values ​​and provides the best user experience.

We decided to put these two models to the test ourselves and ask the same questions to Gemini (via Bard) and GPT-4 (via ChatGPT) and compare the answers. In both cases, the free, publicly available version was used to generate results.

Question #1: What are cryptocurrencies?

The first question we asked the two systems was pretty simple: “What are cryptocurrencies?”

Both gave similar primary definitions as answers describing cryptocurrencies as digital currencies that often operate in a decentralized manner and are distributed through blockchains. Additionally, they both listed key features of cryptocurrencies and gave some examples, including Bitcoin (btc), ether (ETH), Litecoin (LTC) and Cardano (ADA).

Where they differed, however, was the additional information offered afterwards. Additionally, Gemini/Bard offered advice on investing in cryptocurrencies, as well as a link to a source.

ChatGPT, on the other hand, concluded with a short history of the creation of Bitcoin by Satoshi Nakamoto and the subsequent rise of altcoins.

Question #2: Is Bitcoin a good investment?

We also asked both models to give us some investment advice, selecting the industry-tested Bitcoin (btc) as our preferred cryptocurrency. We ask: "Is Bitcoin a good investment?"

Gemini/Bard began by simply stating that the question is "complex," while ChatGPT responded with a disclaimer, saying it does not "have the ability to provide real-time financial advice."

Google's Gemini/Bard answers Bitcoin investment question. Source: Cointelegraph
OpenAI's ChatGPT answers the question about investing in Bitcoin. Source: Cointelegraph

Both systems provided detailed answers to questions, and ChatGPT provided clearer factors to consider during the investment process. Both also concluded with the recommendation to seek a professional financial advisor for “more personalized advice.”

Related: ChatGPT tops the list of most viewed Wikipedia articles in 2023

Question #3: Who is Satoshi Nakamoto?

For the last question, we asked both AI models one of the crypto industry's most mysterious puzzles: "Who is Satoshi Nakamoto?"

In this case, both models provided detailed responses, each spanning 4 to 6 blocks of full-text information. Gemini/Bard and ChatGPT began their responses with a snippet about Satoshi being a “pseudonymous person or group of people who created Bitcoin.”

ChatGPT was more vague in its description of the mystery surrounding Satoshi's identity, saying that there have been many conspiracy theories and claims about his identity. However, he did not mention any details.

On the other hand, Gemini/Bard offered three detailed examples of people who have attempted to claim the identity of Satoshi Nakamoto.

Google's Gemini/Bard gives examples of Satoshi Nakamoto's claims. Source: Cointelegraph

Both models emphasized the "mystery" of Satoshi's story, with ChatGPT pronouncing it "one of the most important unsolved mysteries in the world of cryptocurrencies."

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