New AI Chatbot can be Both Good and Evil in the Crypto Community

ChatGPT by OpenAI is an AI chatbot tool that is both good and evil in the crypto community

An AI chatbot or "conversational chatbot" is an intent-based computer program that uses artificial intelligence to bring a conversational approach to customer service. An AI chatbot – or "conversational chatbot" – is a computer program that enables a user to make and resolve a query via text or a voice interface. Artificial intelligence chatbots employ AI and natural language processing technology to recognize sentence structure, interpret knowledge, and improve their ability to answer questions. Instead of relying on a pre-programmed response, AI chatbots first determine what the customer or user is saying.

The online crypto community has discovered a new Artificial Intelligence (AI) -powered chatbot that can either be used to warn developers of smart contracts vulnerabilities or teach hackers how to exploit them.

On Wednesday, OpenAI announced ChatGPT, a dialogue-based AI chat interface for its GPT-3 family of large language models. It's currently free to use with an OpenAI account during a testing phase. Unlike the GPT-3 model found in OpenAI's Playground and API, ChatGPT provides a user-friendly conversational interface and is designed to strongly limit potentially harmful output. ChatGPT, a chatbot tool built by AI research company OpenAI, was designed to interact "in a conversational way" with the ability to answer follow-up questions and even admit mistakes, according to the company.

However, some Twitter users have come to realize that the bot could potentially be used for both good and evil, as it can be prompted to reveal loopholes in smart contracts.

Stephen Tong, co-founder of smart contract auditing firm Zellic asked ChatGPT to help find an exploit, presenting a piece of smart contract code.

This similar type of exploit was used in May by the attacker of the decentralized finance (DeFi) platform Fei Protocol who made off with $80 million.

Others have shared results from the chatbot after prompting it with vulnerable smart contracts. Twitter user devtooligan shared a screenshot of ChatGPT, which provided the exact code needed to fix a Solidity smart contract vulnerability commenting "we're all gonna be out of a job."