Your guide to the exciting 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 the life of a man.
Mankind, who knows nothing about coding, gave ChatGPT a budget of $69 and asked him to design one of the top 300 memecoins. He came up with tokenomics, the name "TurboToad" and Mankind used Midjourney to create the logo. Thanks to the interest generated on social networks, CoinGecko shows that the token reached a valuation of $100 million and joined the Top 300.
There were a few hiccups: ChatGPT writes crappy smart contracts, and Mankind needed him to ask him for numerous rewrites based on error codes. The AI โโalso did not warn Mankind to look for the bots that bought 90% of the token supply when it launched.
That put an end to the TurboToad token and he had to crowdfund another $6,669 to launch the new Turbo token, with NFT collector Pranksy helping out by launching a liquidity pool on Uniswap.
NFT artist Beeple then immortalized the memecoin with the world's most immature artistic rendering, which the world's most immature billionaire Elon Musk thought was hilarious.
The interest in Turbo also caused his collection of 100 NFTs (created with AI) called Generations to sell out, and he received a message from a suicidal man saying his story saved his life.
"He says he owes me his life for that, and of course he doesn't, but knowing that he's affected so many people in a positive way, I was really surprised and very moved by that response." he says.
Mankind says ChatGPT means anyone can now flip a $100 million token.
โI'm just a guy by myself, I don't have a team of people who have a huge amount of knowledge of certain things. And I could achieve this by myself with AI.
Mankind 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.
โI'm going to bridge the gap between the community and the AI,โ he says, adding that the community will be able to interact directly with ChatGPT through a token-controlled governance process. Token holders can vote for someone to submit the notice that week "and that's what the community does during the week, whatever the AI โโcomes up with."
Will AI take our jobs? writers edit
Professional writer Whamiani said Reddit he had lost all his writing clients to ChatGPT and intends to retrain as a plumber.
โI've had some of these clients for 10 years. Everything is gone. Some of them admitted that I'm obviously better than GPT chat, but the $0 overhead is unbeatable and worth the drop in quality."
So can AI really replace human writers? ChatGPT can certainly replace "content mills" where authors are paid a penny to produce filler copy for websites; however, at this point, the AI โโsimply regurgitates the existing content and is unable to conduct interviews or produce creative and new original content... yet.
But that doesn't mean cost cutting websites aren't going to give it a try. CNETBankrate and AP are using AI to produce boring financial reports, while NewsGuard has identified 49 websites that are entirely AI-powered, including Biz Breaking News, Market News Reports, and bestbudgetUSA.com.
However, there is no clear competitive advantage in using AI writers, as Semrush chief strategy officer Eugene Levin told the Washington Post:
"The wide availability of tools like ChatGPT means that more people are producing equally cheap content, and everyone is competing for the same spots in Google search results."
โSo everyone has to generate more and more pages of articles, each one tuned to rank high for specific search queries, hoping that a fraction will break through.โ
But what about using AI for more creative writing like movies, TV shows, and books? Novelist Stephen Marche has produced a murder mystery novel called Death of an Author (geddit?), which was 95% written by ChatGPT. The New York Times called it "half-readable" and it's 3.7 stars on Amazon.
In Hollywood, the Writers Guild is on strike demanding a ban on the use of AI content. Writer C. Robert Cargill said, โDo you think Hollywood feels the same way now? Wait until it's the same 100 people rewriting ChatGPT."
AI content creator Curious_refuge gave us a glimpse of this dystopian future in an experiment (see below) where "100% of the news, jokes, artwork and voice selection" for a fake late-night comedy show was delivered to AI. The results were horrible, so it's hard to tell the difference, really.
Is Bard from the left?
Are chatbots politically biased to the left? ChatGPT was the subject of a lot of criticism on the subject early on, and now Google's Bard as well.
the aussie newspaper reported that Bard's chatbot said it hoped the Indigenous Voice referendum on Parliament, which is opposed by right-wing parties, would be a success; he praised Australia's centre-left prime minister for "building a better future" but called the "reviled" right-wing opposition leader "dangerous and divisive". Google has since implemented a fix. In the UK, The Mail reported that Bard believes Brexit was "a bad idea" and that "the UK would have been better off staying in the UK". He also talked about former frontman Jeremy Corbyn.
When OpenAI's competitor bot, ChatGPT, was launched, it was criticized for being too left-wing, but research suggests it quickly became more neutral and centrist. He refused to give the Mail opinions on Brexit or Corbyn, for example.
Great language models are trained on huge volumes of content, much of which is produced by well-educated urban professionals, so it's not surprising that it partly reflects their politics. One way AI companies combat bias is by fine-tuning models through reinforcement learning with human feedback (RLHF), which attempts to align AI output with human values.
However, this can introduce other biases, according to OpenAI CEO Sam Altman. โThe bias that makes me most nervous is the bias of human feedback raters,โ he said on a recent podcast.
So don't be surprised if your chatbot comes out clearly in favor of workers' rights. NBC reported that human feedback AI testers are only paid $15 an hour and are beginning to unionize.
read also
Can you get 500% trading returns with ChatGPT?
Several news outlets got very excited about a study from the University of Florida which found that ChatGPT is able to predict stock market price movements and it returned 500% returns. It is not so simple.
While the paper found a "statistically significant predictive effect" by asking ChatGPT to recommend stocks based on sentiment, critics point out that such a return is far from a sure thing. Six different strategies were tested; three made money and three lost money. While one of the six returned 500%, one strategy also lost 80%.
We're 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 this week's trades. you can continue here.
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videos of the week
Instagram user Jim Derks posted images of Coyboys and Aliens on the Stable Diffusion subreddit to show how AI can automatically transform old Harrison Ford into young Harrison Ford.
Although Hollywood has pulled off expensive versions of this trick, including in the new Indiana Jones movie Dial of Destiny, AI tools make it as easy as applying an Instagram filter. The top Reddit comment suggested that it will become "the entertainment industry's next self-tune" to enhance the actor's appearance.
Curious_refuge had great success with its Wes Anderson take on Star Wars (featured in the latest edition) so they applied the same tricks to Lord of the Rings. It might just be me, but it looks like the trick has already run its course.
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