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Home Regulation

Binance Accuses AI of Spreading False Information About Its CEO Changpeng Zhao

by Hamed
May 2, 2023 - 1:00 pm
in Regulation
Hong Kong Police officer with a CyberDefender logo, representing the initiative to enhance online security awareness amidst rising cryptocurrency scams.

Binance and AI: A Troubling Connection

Binance, a leading cryptocurrency exchange, recently accused artificial intelligence (AI) technology of spreading false information about the company and its CEO, Changpeng Zhao. The AI in question, ChatGPT, allegedly claimed that Zhao had connections to the Chinese Communist Party (CCP), causing concern over the potential misuse of AI for political gain.

Binance’s Test of ChatGPT Reveals Disinformation

Binance conducted tests on ChatGPT to uncover the source of the disinformation. While GPT-3.5 provided incorrect information linking Zhao to the CCP, other AI models associated with GPT did not. The tests revealed that the AI also spread false claims about Zhao’s past, including a fabricated conversation about his work for the China National Petroleum Corp in the 1990s.

The Role of AI in Spreading Fake News

Binance’s findings point to a growing concern about the potential for AI technology to be used as a tool for spreading fake news and misinformation. In this case, ChatGPT cited a nonexistent LinkedIn page and an unverified Forbes web link from 2018 to support its false claims.

Binance Debunks AI-Generated Rumors

Binance has successfully debunked many of the rumors spread by ChatGPT, highlighting the importance of fact-checking in the era of AI-generated information. A spokesperson for the company pointed out that during the time period when Zhao was alleged to have worked for the petroleum corporation, he would have been in high school.

The Potential Misuse of AI for Political Gain

The incident with Binance serves as a reminder of the potential dangers of AI technology in the hands of bad actors. Experts warn that AI tools could be used to create false narratives and spread misinformation for the benefit of corrupt politicians, highlighting the importance of understanding the limitations and ethical implications of AI technology.

In conclusion, Binance’s recent experience with AI-generated misinformation highlights the potential risks and challenges that AI technology poses. As the world becomes increasingly interconnected and reliant on AI, it is essential to remain vigilant and prioritize fact-checking to ensure the accuracy and reliability of information.

Tags: Binance
Hamed

Hamed

Hamed, the cryptowriter, wields the power of words to unravel the mysteries of blockchain. With precision and creativity, he transforms complex concepts.

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