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AI-Powered Smear Campaign? Binance Reportedly Says It's A Victim Of ChatGPT's Algorithms

Published 02/05/2023, 08:06
Updated 02/05/2023, 09:10
© Reuters. AI-Powered Smear Campaign? Binance Reportedly Says It's A Victim Of ChatGPT's Algorithms

Benzinga - Binance, the world’s largest cryptocurrency exchange, is reportedly claiming that someone is using an AI-powered disinformation campaign against it.

What Happened: This revelation follows a surge of requests from numerous quarters inquiring whether Changpeng Zhao, the founder of Binance, is affiliated with the Chinese Communist Party, according to Fortune.

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

The report said that further inspection pointed towards a characteristic conversation with AI program ChatGPT, which reported that Zhao had a hand in developing a social media platform for the China National Petroleum Corp.

Binance chief strategy officer Patrick Hillmann told Fortune that it made attempts, with a series of queries to replicate the conversation, but their efforts proved futile until they referred to the state-run petroleum corporation explicitly. ChatGPT then cited Zhao’s fake LinkedIn page and a Forbes web page from 2018 as sources of the information, stated the Fortune report.

Why It Matters: Despite vehemently denying any involvement with the Chinese Communist Party over an extended period, Binance said that the assertion made by ChatGPT regarding Zhao’s role in a state-run oil corporation is preposterous, given that he was in secondary school at the time.

Binance did not respond to Benzinga's request for comment on the story, at press time.

Read More: Bitcoin, Ethereum, Dogecoin Trade Mixed Amid Regulatory Uncertainty: Analyst Says Apex Crypto Isn’t Getting A Boost Despite Upbeat Mood On Wall Street

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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