Artificial intelligence (AI) has taken a giant leap forward in the last six months.
OpenAI stunned the world with the release of its generative AI chatbot ChatGPT last November.
ChatGPT quickly became the fastest platform in the world to reach 100 million users, with users shocked at the AI-powered bot’s ability to process information, problem-solve and generate high-quality human-like responses to queries.
The chatbot was quickly hailed as a breakthrough technology that could radically transform the way information workers and businesses operate.
ChatGPT can be used for all manner of tasks including, varied content creation, text summarization, business idea generation and brainstorming, code production, social media engagement analysis, CV and cover letter generation and much, much more.
The chatbot’s release last year sparked a race within big tech to develop new generative AI tools and integrate ChatGPT-like technology into their existing products.
Microsoft sunk a massive $10 billion into OpenAI and other major tech giants while Google, Tencent and Amazon all raced to develop their own generative AI tools.
And we are already seeing a Cambrian explosion of other generative AI tools emerge that generate images, art, video and music.
As AI sweeps across and revolutionizes industries, crypto is no different.
A wave of new crypto start-ups are appearing that offer AI-powered web3 services.
One of 2023’s most promising project’s is Launchpad XYZ, which is building a revolutionary, all-encompassing web3 platform that, according to the project’s Whitepaper, aims to make the highly “fractured and intimidating” web3 space more easily accessible.
And AI is going to be a big part of their platform.
“We're making Web3 simple for anyone -
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