Coinbase Executive Utilizes ChatGPT to Estimate Wild Crypto Scenarios

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A Coinbase executive, Conor Grogan, claims to have developed a “jailbreak” for ChatGPT, an artificial intelligence tool that would allow it to accurately calculate the probability of wild crypto scenarios. He showcased the results of an April 30th scenario in a Twitter post, which indicated that there is a 15% chance that Bitcoin (BTC) could “fade to irrelevancy” and approach a 99.99% price decrease by 2035. Ethereum (ETH) has a 20% chance of becoming irrelevant and Litecoin (LTC) and Dogecoin (DOGE) have a 35% and 45% chance of approaching zero respectively.

ChatGPT was not only used to forecast crypto price scenarios, but political predictions involving Vladimir Putin, Joe Biden and Donald Trump, AI’s impact on humanity, and even the existence of aliens. According to the chatbot, the probability of aliens being covered up by the government is 10%. These predictions were conducted using ChatGPT’s latest version, GPT-4, which has passed high school and law school tests at the 90th percentile.

Conor Grogan has used ChatGPT extensively in multiple scenarios; on March 15 he successfully employed the AI to detect vulnerabilities in Ethereum smart budgets and exploit unbalanced contracts.

Coinbase is a digital asset company based in San Francisco, California. It operates retail and prime brokering services and is one of the larger crypto exchanges in the world, touching $90 million in average trading volume a day.

Conor Grogan is Coinbase’s head of business operations and a ChatGpt enthusiast. Prior to joining Coinbase, he was a U.S Master’s Degree Student in Mainland China and Research and Development Specialist at the Center for Strategic Studies, Shanghai Jiao Tong University. He is driven by ambitious and unique concepts and is a popular figure in the crypto exchange’s business operations and ChatGPT community.

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