ChatGPT artificial intelligence and its associated risks

Going beyond theory and moving to concrete reality, using ChatGPT to profit in the cryptocurrency market is not without risk.
In fact, this tool has proven to be far from always reliable, that is, it is not yet capable of culling the really best information.
It can even put its users at a disadvantage or harm them if the information gathered online (incorrect information can outweigh correct information) turns out to be of poor quality or, even worse, erroneous.
Indeed, in the case of the cryptocurrency market, often the sentiment that can be determined at the moment is not useful for predicting what may happen in the future.
Typically, for example, sentiment becomes positive after a rise has occurred, meaning that by the time investors enter the market, it is too late. Similarly, it becomes negative after a decline, meaning that by the time investors are too late to get out.
It's important to understand how reasonable ChatGPT's logic is, especially since it can be used by investors to gather really useful information from the Internet.
In fact, this information can be heavily influenced by general sentiment, which is by no means a good indicator of future market development.
In addition, the cryptocurrency market moves very fast, so to be really useful for investors, ChatGPT should be able to select only the most relevant information and put aside that which is already outdated. Achieving such a schedule is not easy at all.
But don't forget that ChatGPT is just the first tool of its kind brought to the mass market. Other tools, either already existing but used only by a select few, or not yet implemented, may achieve even better results in this respect.
In fact, it is quite logical to assume that those who move huge amounts of money in the financial markets are already using artificial intelligence, perhaps with their own non-public tools.
In other words, in the future, the enormous distance that separates small traders from whales today may be partially bridged by artificial intelligence. That convergence hasn't happened yet, but with the new ChatGPT plugins, it could begin.