The recent blockchain conference at Warwick Business School addressed the challenge of maintaining the decentralised spirit of cryptocurrencies while ensuring investor protection. The conference featured talks on topics like DeFi and centralised finance, crypto derivatives, and the prudential environment for digital currencies. The conference also featured a panel discussion with ChatGPT, the generative AI chatbot developed by OpenAI. The conference demonstrated the innovation and ingenuity at the heart of fintech and digital currencies, and highlighted the role that academic research centres can play in this exciting sector. Keywords relevant to the article’s content and essential for SEO include fintech, digital currencies, blockchain, cryptocurrencies, and generative AI.
ChatGPT, the generative AI chatbot developed by OpenAI, was part of a panel at the Gillmore Centre of Financial Technology’s blockchain conference at Warwick Business School. The conference discussed the role of AI in society and cryptocurrencies. ChatGPT warned against over-reliance on AI, as it can lead to erosion of human critical thinking and judgment.
The panel also discussed the issue of trust in technology, with ChatGPT arguing that AI is only as good as the data and algorithms it’s built on, which can be biased, flawed, or manipulated. Similarly, blockchain networks, although secure, are not immune to vulnerabilities. The panel agreed that society’s trust in technology must be balanced with human judgment and collaboration.
The chatbot also discussed the role of governments in regulating cryptocurrencies, agreeing with panelist Nick Merritt that relying on governments for protection would be paradoxical, as cryptocurrencies were created to challenge centralized control. However, with the growing adoption of digital assets, some regulation is inevitable.
Overall, ChatGPT emphasized the importance of striking a balance between human judgment and technological efficiency, recognizing that neither is infallible, and that collaboration between the two can yield the most robust outcomes. The chatbot urged the conference attendees to be cautious in placing too much trust in AI and blockchain, as over-reliance on technology can lead to a society that is overly dependent on technology, susceptible to manipulation, and disengaged from ethical considerations.
At the recent blockchain conference held at Warwick Business School, one of the key topics of discussion was the challenge of maintaining the decentralised spirit of cryptocurrencies while ensuring investor protection. The conference featured talks on a range of topics, including DeFi and centralised finance, crypto derivatives, the growing metaverse industry, and the prudential environment for digital currencies.
Amit Chaudhary, of DeFi app builder Polygon, presented research on DeFi liquidations, while Tarleton Watkins, of Circle, spoke about the prudential environment for digital currencies in light of the company’s successful transfer of its $3.3 billion cash holding out of the collapsing Silicon Valley Bank.
The conference also featured a panel discussion with ChatGPT, the generative AI chatbot developed by OpenAI. Ram Gopal, Academic Director of the Gillmore Centre of Financial Technology, described the panel as a great success that provided a new dimension to the conference.
Gopal believes that generative AI has the potential to change the way we work, research, study, and live in so many ways, and that we are only scratching the surface of its capabilities. The conference demonstrated the innovation and ingenuity at the heart of fintech and digital currencies, and highlighted the role that academic research centres can play in this exciting sector.
The Gillmore Centre of Financial Technology will be at the forefront of this new world, creating a place for researchers, policymakers, industry leaders, and tech entrepreneurs to come together and explore new opportunities and ideas.
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