Binance integrates ChatGPT into its Web3 academy

Binance released a new AI-driven tool that it named the “Binance Sensei” that uses machine learning to generate answers from its education platform to help users learn about Web3.

The artificial intelligence (AI) chatbot ChatGPT took the world by storm after its latest release in late November 2022. While initial reactions included much opposition to the technology, it continues to see growing adoption.

Cryptocurrency exchange and blockchain developer Binance announced that it is integrating ChatGPT into its education platform, Binance Academy. In a blog post on April 24, the company introduced its new AI-driven tool, which it calls “Binance Sensei.”

Introducing #Binance Sensei, your personal crypto assistant powered by AI.

Learn all there is to know about crypto and Web3 with our new AI chatbot, trained to educate you on more than 1,000 articles and courses available on @BinanceAcademy.

Try it now ⤵️

— Binance (@binance) April 24, 2023

The bot uses machine learning to source answers from Binance’s education platform, Binance Academy, to help answer user questions on various topics in the Web3 space.

This new “AI-powered mentor” has users prompt it with a specific question or keywords, from which the Sensei should provide a “concise, approximately 150-word summary” for each user.

On Twitter, the Binance community has already begun to react to the news of the AI-driven coach, with users questioning allowing a “robot [to] be your teacher.”

Would you let a robot be your teacher? I don’t think I will

— Jenny (@keanajones1) April 24, 2023

Binance’s new AI-based learning tool is far from the first use case of the technology in the crypto space, with AI even finding a role in bringing more efficiency to the memecoin community.

Big Tech giants like Microsoft, Google and e-commerce behemoth Alibaba have announced their own versions of ChatGPT.

Although the race to AI has led to the adoption of the technology, it has also sparked an increase in concern over its capabilities if left unchecked. Italy was early to put a brief ban on the usage of the technology, while regulators across the European Union have decided to probe the AI algorithms of Big Tech companies.

Industry insiders are speculating there may be an upcoming regulatory crackdown on AI as it becomes more pervasive.

Authorities in China also are set to enforce mandatory security reviews for all AI services in the country.

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