What do LUNA, FTX, Celsius, 3AC and bridge hacks have in common? They are key contributors to breaking crypto in 2022. While they give us little reason to celebrate, one narrative popped off at the tail end of last year, the dawn of artificial intelligence (AI).
The concept of artificial intelligence has been around since the 1950s. When companies started to take it seriously, from the ALEXA and Siri to Google and Apple Devices to FSD (Full self-driving), a Tesla work in progress, it is no surprise the integration between AI and crypto is bound to happen.
The genesis of ChatGPT, a platform that serves users as a computer assistant, saw massive eyeballs and interest among the average joe and even the big institutions. Tech giant Microsoft is in talks with ChatGPT-owner to invest $10B, to put things into perspective, that is equivalent to the combined total value locked of Binance smart chain, Polygon, Arbitrum, and Tron combined.
[Editor’s Note: This article does not represent financial advice. Please do your research before investing.]