Coinbase CEO Believes ChatGPT Development Halt Is a ‘Bad Idea’

Sahana Kiran
Source – Bloomberg

The advent of artificial intelligence gained immense traction through ChatGPT. The AI chatbot became so popular that countries across the globe intended to make their own version of it. Amidst this, several AI experts including Elon Musk penned an open letter to put a pause on any further ChatGPT-related upgrades.

Now Brian Armstrong, the CEO of prominent exchange Coinbase made it clear that he opposes the interim suspension of developments pertaining to ChatGPT. This was surprising as some important figures in the tech sector have yearned for a halt. In a recent tweet, Armstrong said “Count me among the people who think this is a bad idea.”

He dismissed the whole “experts” narrative here as he believed that there is none to really judge the ChatGPT issue. His tweet further read,

The Coinbase chief further went on to advise the community to not get weary of progress. He added,

‘Don’t ever let fear stop progress, and be wary of anyone trying to capture control in some central authority.”

Who is seeking a halt on ChatGPT development?

The above tweet follows an open letter that sought a six-month ban on the creation of AI that is more potent than GPT-4. It should be noted that GPT-4 is the most recent version of ChatGPT. Along with more than 1,700 other signees, the letter includes Twitter CEO Elon Musk, Apple co-founder Steve Wozniak, and American businessman and politician Andrew Yang. The letter suggests that “AI systems with human-competitive intelligence can pose profound risks to society and humanity.”

It certainly isn’t surprising to see Musk on the list as he has time and again spoken about the perils of AI. The latest version of ChatGPT, GPT-4 was rolled out recently about two weeks ago. It claimed to entail improved abilities in areas like advanced reasoning and complicated directions. OpenAI also asserts that the tool boasts “more creativity.”