Elon Musk, CEO of Tesla Inc, took a jab at the AI chatbot ChatGPT amidst Bitcoin's volatile week. The cryptocurrency surged to an all-time high on Coinbase, only to drop to $63,000.
Elon Musk emphasizes the importance of real-time systems in analyzing the Bitcoin market.
Elon Musk's response to a comparison between xAI's Grok and OpenAI's ChatGPT regarding Bitcoin's price underscores the importance of real-time systems in analyzing cryptocurrency markets. His comment, "Real-time systems ftw," highlights the need for timely and accurate data analysis in understanding the dynamics of volatile assets like Bitcoin.
Tuesday's events saw Bitcoin experiencing a notable journey, reaching a new all-time high of $69,170 on some exchanges before witnessing a sudden drop of over $5,000 later in the day. This volatility emphasizes the unpredictable nature of cryptocurrency markets and the significance of leveraging real-time systems for informed decision-making in trading and investment strategies.
Musk Sues OpenAI for Breach of Contract, Violation of Fiduciary Duty, and Unfair Competition
Musk is currently entangled in a legal battle with OpenAI, the AI research firm he co-founded. Musk has accused OpenAI of breach of contract and fiduciary duty, as well as unfair business practices.
According to Musk's lawsuit filed in San Francisco Superior Court, OpenAI has shifted from its original open-source principles towards a profit-driven relationship with Microsoft. The lawsuit alleges that OpenAI, under Microsoft's influence, prioritizes refining AGI for Microsoft's profits rather than for the betterment of humanity.
Elon Musk's critique of ChatGPT amidst Bitcoin's turbulence underscores the broader context of his ongoing legal dispute with OpenAI, reflecting concerns about the direction of AI research and its commercialization.