Recently, the emergence of ChatGPT has become a hot topic of conversation in the technology field. Users of this platform can access the free version after registering. Then, on March 14, 2023, ChatGPT officially launched GPT-4. This is the latest version of ChatGPT, which is only available through the ChatGPT Plus service.

 

With GPT-4, a large multimodal model (with a focus on multimodal), users can now input text and images and receive text output that resembles human responses.

 

So, to understand more about the evolution from GPT-3.5 to GPT-4 and how this change takes ChatGPT to the next level, even being able to predict crypto assets, check out the full review below!

 

Main Differences between ChatGPT-4 vs. ChatGPT-3.5

 

 

GPT-4 is the latest enhancement to the OpenAI language modeling system. Previously, GPT version 3.5 supported the ChatGPT chatbot, which became very popular after its launch in November 2022.

 

GPT, which stands for Generative Pre-trained Transformer (GPT), is a language model that uses deep learning to produce conversational text that resembles a human speaking style. As mentioned earlier, GPT-4, as a large multimodal model, can receive input from text and images and produce text output that resembles human responses.

 

For example, using GPT-4, a user can upload a worksheet, and the model can scan it and respond to questions. Additionally, GPT-4 can read uploaded charts and perform calculations based on the data presented. GPT-4’s intellectual capabilities have also been enhanced, outperforming GPT-3.5 in various benchmark simulation tests.

 

ChatGPT 2.0: Outstanding Multimodal Capabilities

Released on March 14, 2023, ChatGPT-4 steals the show with its amazing advanced features. Unlike the previous version, the new ChatGPT is a multimodal model that can process text and respond to image input. This means that users can upload images for analysis and get answers immediately.

 

Some additional points presented by ChatGPT 2.0 include support for up to 25,000 words of text, improvements in image analysis, and more creative and diverse responses. Additionally, there is improved support for multiple languages, robust conversation management, greater accuracy and speed, improved context awareness, and improved ability to respond to narrative construction.

 

GPT-4 also can respond to questions involving images from users. For example, if a user uploads a photo of food ingredients and asks what can be cooked from them, GPT-4 will provide several food options that can be cooked. Although ChatGPT-4 is currently only available to ChatGPT Plus customers who pay $20 per month for premium access.

 

OpenAI provides a warning that even though it is very sophisticated. GPT-4 is still unreliable and may “hallucinate” the AI’s ability to fabricate facts or make reasoning errors.

 

Developments in Data Analysis and Information Processing

Major developments occurred in data analysis and information processing with the adoption of ChatGPT-4. This platform can now be used to read worksheets and perform calculations based on the data presented.

 

Applying ChatGPT-4 in this context produces a striking positive impact on more complex data analysis capabilities. The availability of this feature allows users to upload data in various formats, including worksheets, and quickly get the necessary insights and calculations. This helps speed up the data analysis process, increase the accuracy of results, and provide more efficient solutions for data-based decision-making. In this way, ChatGPT-4 opens the door to a deeper understanding and optimal use of available information.

 

Challenges and Solutions

With the latest advances offered by ChatGPT-4, new challenges arise regarding ethics and privacy. The model’s ability to process more complex information and more sophisticated responses may carry risks related to using personal data and concerns about manipulating information.

 

In response to addressing ethical and security concerns, OpenAI has taken several proactive steps to address these challenges. They improved ChatGPT-4 -4’s safety features and involved a more rigorous training process to ensure the model could respond wisely and ethically to various input types.

 

In addition, OpenAI is also improving monitoring mechanisms and setting clearer boundaries regarding using ChatGPT-4 to respect user privacy and applicable ethical standards. These steps mitigate potential risks and affirm OpenAI’s commitment to providing useful, safe technology and respecting ethical values and user privacy. In this way, OpenAI strives to ensure that ChatGPT-4 has a positive impact in an ethical and secure environment.

 

Can ChatGPT 4 Predict Bitcoin?

 

 

Quoting Kompas.com, a crypto asset enthusiast known as “The Bitcoin Therapist” recently challenged ChatGPT, a chatbot created by OpenAI, to predict the price of Bitcoin in the next few years, namely in 2024, 2028, 2032, and 2050.

 

Although the reasons for choosing this period were not explained, the results of the conversation were shared by The Bitcoin Therapist via uploads on his personal Twitter account with the username @TheBTCTherapist. The following is a summary of the predictions provided by ChatGPT regarding the “The Bitcoin Therapist” challenge, namely:

 

Bitcoin Predictions in 2024

 

• Optimistic Scenario: ChatGPT forecasts positive growth for Bitcoin, with values reaching $50,000 to $150,000 or higher throughout the year, depending on continued interest from the public and positive sentiment towards the crypto asset.
• Conservative Scenario: In the opposite situation, Bitcoin may experience slower growth and increased volatility, with a value in the $20,000 to $50,000 range impacted by regulatory challenges and market fluctuations.

 

Bitcoin Predictions in 2028-2050

 

• Year 2028: Bitcoin price is expected to range from $100,000 to $500,000, but technological issues or strict regulatory restrictions could hamper its growth.
• Year 2032: Bitcoin has the potential to reach $1 million if the market is bullish, but its lowest value could drop to $20,000 in the worst case.
• Year 2050: The highest prediction reaches $5 million, while the lowest value could go back as low as $20,000.

 

ChatGPT notes that these predictions consider potential regulatory challenges, market fluctuations, technological issues, and restrictions. Although the results of this conversation show positive growth, it is important to remember that these predictions should not be used as a basis for investment decisions as there is no valid source that can predict future market conditions with certainty.

 

Conclusion

In conclusion, ChatGPT-4 and ChatGPT-3.5 show fundamental differences in capabilities and features with several key improvements over ChatGPT-4. One of them is that ChatGPT-4 is a multimodal model that allows the use of text and image input and produces text output that more closely resembles human responses. This feature is not present in ChatGPT-3.5. In addition, ChatGPT-4 can respond to up to 25,000 words, which means the number has increased compared to ChatGPT-3.5. This also expands the model’s ability to handle longer and more complex conversations.

 

ChatGPT-4 also outperformed ChatGPT-3.5 in benchmark simulation tests, demonstrating increased intellectual capabilities. Furthermore, ChatGPT-4 is also able to read worksheets and process images so that it will provide more contextual and informative responses. This is an additional feature that ChatGPT-3.5 does not have. It is important to underline that the development of language computing, especially through the ChatGPT application, shows great potential, especially regarding predictions of crypto assets such as Bitcoin (BTC).

 

In this case, using ChatGPT to forecast the price of BTC or other crypto assets provides valuable insights for crypto asset enthusiasts and investors. Of course, for further development, the potential inclusion of more data and deeper analysis is considered to increase prediction accuracy. In addition, integrating artificial intelligence technology can also help identify and overcome potential risks, such as market fluctuations or technological problems that could affect predictions.

 

As additional information, you can also read other interesting articles related to AI, such as Humata, ChatGPT, and Perplexing AI, only on INDODAX Academy. To broaden your knowledge about blockchain technology, you are also advised to access the latest articles available on INDODAX Academy. The material presented on INDODAX Academy covers basic concepts to more in-depth aspects related to blockchain technology.

 

By reading various articles on INDODAX Academy, you will gain a deeper understanding of this technology, including its application in multiple contexts and the latest updates around the crypto world.

 

Invest in Crypto Assets on INDODAX

 

Now you understand the evolution from GPT-3.5 to GPT-4 and how these changes take ChatGPT to the next level, even predicting bitcoin (BTC) and other crypto assets in general.

 

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