We Asked ChatGPT About Wall Street Meme's Future - It Gave Us Some Good News
New generative artificial intelligence (AI) technologies such as OpenAI’s viral chatbot ChatGPT have taken the world by storm in the last few months, with users shocked at the AI-powered bot’s ability to process information, problem-solve and generate high-quality human-like responses to queries.
Indeed, ChatGPT has almost immediately hailed as a breakthrough technology that could radically transform the way information workers and businesses operate.
ChatGPT’s capabilities include, but are not limited to, 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.
And one area where AI is already proving to be a game changer is in the realm of financial market price forecasting.
A recent research paper showed how the machine learning-based large language models (LLMs) at the heart of AI such as ChatGPT enable it to predict stock price movements.
With that in mind, the team at Cryptonews.com decided to ask ChatGPT for its views on what the future holds for the Wall Street Memes $WSM token.
Wall Street Memes is one of the internet’s hottest retail investing communities that previously rose to prominence in the meme stock craze of 2021, but has recently been expanding its relevance within the cryptocurrency space with a new presale of its associated WSM token.
While the chatbot was reluctant to give any exact price forecasts and was keen to emphasize that it was not giving out investment advice, ChatGPT put forth a number of arguments “as to why a meme coin like $WSM… could potentially experience price appreciation after listing on crypto exchanges”.
Here is the good news it gave us.
ChatGPT argued
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