Bitcoin has once again turned downward after U.S. market opening, sliding below $90,000. Although the recovery observed in the last 24 hours is significant for cryptocurrencies, every attempt to move upwards ends in failure, which is a concerning trend. While this is unfolding, crypto detective ZachXBT is focusing on a different issue.
ZachXBT Targets Specific Projects
Zach, one of the renowned figures in the crypto world, addressed a general problem involving five crypto initiatives. He criticized InfoFi projects like Kaito Yaps, Galxe, Layer3, Cookie, and Wallchain, accusing them of encouraging AI bots to fill platforms with low-quality interactions, effectively turning the ecosystem into a dumping ground.
To combat this issue, ZachXBT advocates for enforcing content account restrictions based on individual countries. This approach aims to mitigate the spread of spam and irrelevant content proliferated by AI bots. His commentary also humorously notes the frequent presence of nonsensical replies under posts, reflecting the impact of these projects on the digital landscape.
AI Content and Cryptocurrencies
ZachXBT argues even donation threads for open-source projects have been inundated with AI-generated junk content, deeming it unproductive and lacking benefit. He provides an example of an account and post, illustrating the problem with AI bot networks exacerbating the situation.
AI certainly simplifies many tasks, making adjustments beneficial in several areas. However, in fields like journalism and authentic commentary, AI falls short compared to human capability. With a decent grasp of your native language (reading minimally one or two books a year), spotting the artificiality in AI-produced content is relatively straightforward. AI-generated material often lacks the organic quality of human-authored work.
In social media, especially in the past year, AI bots have been visibly ‘spitting content’ under various posts. This trend is mirrored in newsletters and numerous websites. The AI technology of today revels in presenting users with error-laden information confidently, embellished beyond recognition, often resulting in consumer discomfort. ZachXBT is apt in highlighting the ‘AI junkyard’ issue, underscoring the necessity for developing solutions to address it.