In 2022, OpenAI launched ChatGPT, an AI tool quickly gaining popularity worldwide. While concerns have been raised about the tool’s impact, it may also affect the crypto industry.
AI tools like ChatGPT are advancing rapidly, while the crypto industry has grown steadily over the past decade.
However, ChatGPT’s popularity has been astronomical, with 100 million users registered within two months of its launch. Meanwhile, some experts believe that many fail to fully grasp the true value of crypto.
In recent years, the crypto industry has seen significant price hikes, prompting many firms to explore the market or incorporate crypto into their systems.
Venture capitalists are increasingly paying attention to AI projects due to their large-scale use cases catering to a wider audience. In contrast, the industry has been building products for crypto enthusiasts.
Stringent regulations could hinder the growth of the technology.
Finally, the crypto industry is more established than AI, and AI stakeholders may take some time to see profits. While both industries are relatively new, AI is still in its infancy compared to crypto. However, AI may face more hurdles than crypto due to concerns about its potential impact on humankind.