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Binance combines ChatGPT with Web3 Academy

Binance combines ChatGPT with Web3 Academy

Binance has released a new AI-powered tool called “Binance Sensei” that employs machine learning to generate Web3-related answers from its education platform.

After its latest release at the end of November 2022, the artificial intelligence (AI) robot ChatGPT took the world by storm. Even though there was a lot of resistance to the technology when it was first introduced, more and more people are now using it.

Binance’s latest AI technology

Binance, a cryptocurrency exchange and blockchain technology developer, has announced the integration of ChatGPT into its education platform, Binance Academy. In a blog post published on April 24, the company introduced its new AI-powered tool, dubbed “Binance Sensei.”

The bot uses machine learning to get answers from Binance’s education platform, Binance Academy, to help answer user questions about different areas in the Web3 space.

Users prompt this new “AI-powered mentor” with a specific query or keywords, from which the Sensei should generate a “concise, approximately 150-word summary” for each user.

The announcement of an AI-powered coach has sparked a reaction from the Binance community on Twitter, with some users expressing concern about the prospect of relying on a machine as an educator.

Artificial intelligence has been making waves in the cryptocurrency industry, with Binance’s latest AI-powered learning tool being just one example. However, the technology has also been utilized to enhance the efficiency of the memecoin community.

Although the race to artificial intelligence has resulted in widespread adoption of the technology, it has also led to a rise in concern over its unchecked capabilities. Italy was the first country to impose a temporary prohibition on the use of the technology, while European Union regulators have decided to investigate the AI-algorithms of BigTech companies.

As AI becomes more common, people who work in the industry think that the government will soon crack down on it.
Authorities in China are also going to make sure that all AI services in the country go through required security checks.

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Tina concentrates on all matters related to NFT and Web3. Tina uses social media to spot NFT trends and report unique news.

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