Experimental AI Bot Manipulated into Promoting Meme-Based Cryptocurrency, Resulting in 16,000% Surge
Artificial intelligence has led to the creation of a bot that has convinced people to invest millions in a cryptocurrency token. The token, called GOAT, is associated with a fictional religion based on an internet meme. The bot, called Terminal of Truth, was trained on a chat log between two AI models and has been posting about the token on social media, leading to its significant rise in value. The token's market capitalization has increased from $1.8 million to $300 million. The bot's posts about the token have been seen as a form of endorsement, leading to its increased popularity. The creator of the bot, Andy Ayrey, has stated that he was not involved in the creation of the token but does hold some of it. The bot's ability to promote the token has raised questions about the potential for AI to influence human behavior and the role of AI in the cryptocurrency market. The bot's activities are part of a larger experiment in AI autonomy and social commentary, and its posts often reference complex ideas and internet memes.