I asked ChatGPT Cardano’s future, the answer was a little disappointing
On 14 March 2023, OpenAI announced the release of their newest, smartest bot so far. ChatGPT 4.0 is better than version 3.5 in a multitude of ways.
ChatGPT is a large-scale artificial intelligence language model developed by OpenAI that has been trained on enormous amounts of text data. This allows the bot to understand and generate responses to complex queries from the user. It is a language model whose primary purpose is to generate responses like a human. Although it tries to be accurate, the user must verify the information it generates, because the bot is not designed to be 100% accurate but rather to mimic a human.
This is an important distinction as it forces the prerogative on the user to fact-check and verify what ChatGPT says. However, it’s training on the basic use of indicators used in technical analysis appeared sound.
The bot can make logical inferences if presented with data from the indicators and can even analyze multiple indicators to make an overall inference.
The chatbot does not have access to live data such as current market prices of various assets, nor is it aware of the developments on the global stage after September 2021. Yet, it was possible to get its prediction on Cardano and Bitcoin prices in the coming years, and its answer was intriguing.
One can come up with an endless array of strategies to trade on various timeframes using a combination of TradingView indicators. The only limitation is the user’s imagination and familiarity with indicators. It is unlikely that ChatGPT can come up with predictions based on data for the prices of an asset such as Cardano. The AI model developed by AMBCrypto, on the other hand, can.
Read Cardano’s [ADA] Price Prediction 2023-24
I began with a fairly simple
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