How will ChatGPT affect the Web3 space?

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From smart contract auditing to enhancing user interactions, executives point out how ChatGPT can potentially affect Web3.

With the many possibilities opened by ChatGPT, executives within the Web3 space predicted how the artificial intelligence (AI) tool developed by OpenAI would make its impact on the industry.

From using the bot for smart contract auditing to enhancing user interactions with AI, various executives gave their thoughts on how the new AI tool will have an impact on the Web3 industry.

Dmitry Mishunin, the CEO of the smart contract auditing firm HashEx, believes that ChatGPT will have an influence on the security of smart contracts. Mishunin told Cointelegraph that while the future is unsure, it can go both ways. He explained that:

“AI algorithms can be so deeply integrated into a niche that they simply stop allowing smart contracts that have not passed verification for deployment.”

Mishunin said that an outcome like this will be good for the long term because it will significantly reduce the number of hacks, positively affecting the entire industry. However, the executive believes that things also have the potential to go wrong in a dystopian fiction-like manner.

According to Mishunin, the AI can also potentially behave differently and independently use vulnerabilities and loopholes to perform the attacks by itself. This will allow it to learn and receive resources for further development.

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