The OpenAI GPT-4 API has sparked excitement in the crypto community with the emergence of two applications, BabyAGI and AutoGPT, that could lead to the development of a fully-autonomous, self-correcting cryptocurrency trading bot.
Both apps use GPT-4's natural language processing capabilities, but also exploit its ability to generate code and connect to external sources. While GPT-4 has no capacity for memorization, these apps could potentially create a virtual artificial memory space to combine and shuttle information between them. The apps could serve as the backbone for an AI application capable of managing a crypto portfolio based on plain language prompting.
While it appears neither app was specifically designed with the cryptocurrency market in mind, it has been spotted several efforts across social media and on GitHub to adapt one or both for autonomous trading.
TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.
AI
