Main navigation

Dogecoin (DOGE) Fan Elon Musk Says He’s Moving from Crypto to AI, Here’s Why

Sat, 4/03/2023 - 9:20
Dogecoin (DOGE) Fan Elon Musk Says He’s Moving from Crypto to AI, Here’s Why
Cover image via
Read U.TODAY on
Google News

A recent tweet from the biggest and most influential fan of meme cryptocurrency Dogecoin Elon Musk has surprised the 130.4 million of his followers.

He stated that he used to be in crypto but now his interests have expanded to AI, artificial intelligence. Many prominent crypto Twitter accounts, such as Baby Doge Coin, Binance, trader Scott Melker and many others responded to that.

Binance and Melker tweeted "Why not both?". Some assumed that in the future Elon might be willing to combine his love to DOGE and his new passion for artificial intelligence.

Here's reason for this AI tweet

Recently, the tech centibillionaire has poured criticism on ChatGPT which was released at the end of last year, calling it a "Woke AI." In December, Musk tweeted: "The danger of training AI to be woke – in other words, lie – is deadly," referring to the issue of ChatGPT often asserting false information.

This product has inbuilt safeguards that may offend users. Elon Musk co-founded the producer of ChatGPT, Open AI, in 2015 and left the company in 2018 over disagreements with the approach the company had taken. Now he has criticized Open AI for creating an AI product that basically tells lies to users.

Earlier this week, he stated during a Tesla event that he was worried about the "AI stuff." He added that he believes "it's something we should be concerned about. It's quite a dangerous technology" and he fears he "may have done some things to accelerate it."

According to various sources, Musk is planning to set up his own AI company to rival Open AI.

The price of Dogecoin has reacted to this statement by Musk, dropping 0.11% in the past hour, but rising 0.54% during the last 24 hours, according to CoinMarketCap.

Elon Musk-Shytoshi Kusama Identity Rumor Clarified Once and for All: Details

Here's why DOGE fans should not worry

Musk already has extensive experience in running manifold companies simultaneously. If crypto fans have any fear that he will now give up supporting DOGE in favor of his new "passion," AI, they are most likely wrong.

The innovative tech entrepreneur may be able to combine crypto and AI in the future. Considering that he owns Twitter, prospects for both DOGE and AI under his command may be very much wide.


Latest Press Releases

Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
AI Analysis Launches The AIA Mastercard – The Future of Crypto-Fiat Transactions
VAP Group hosts the majestic Global Blockchain Show 2024 in Dubai
Digital Transformation Week Is Returning to Santa Clara This Summer
Arab Financial Services (AFS) Enter Strategic Alliance with Xpence to Innovate SME Financial Management in Bahrain
Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit asset from February 01 to February 22, 2024
What To Expect from The Bitcoin Halving in April 2024
Testnet Launch for dWallet Network - Composable Modular Signature Network
ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, & Conflux
Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding
Chromia’s Flagship Game ‘My Neighbor Alice’ Unveils 2024 Roadmap
First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days
CoinList to Host the MASA Token Public Sale as it Unleashes the World’s Personal Data Network
Sui Reveals Initial Wave of Speakers, Famed Venue for First Annual Basecamp Event
Vitalik Buterin Comes to Taiwan as Keynote Speaker at ETHTaipei 2024
Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland
Bridging the Data Trust Gap: 2024 RegTech Confab Set to Unlock Africa’s Economic Potential
ApeX Protocol Partners with Alertatron to Enhance Automated Trading Capabilities
TeachMeCode Institute Announces Grand Opening of Cutting-Edge Dubai School
RHUNA Launches to Revolutionize the Events and Entertainment Industry with Fintech Innovation
Our social media
There's a lot to see there, too

Popular articles