Crypto users are excited about the possibility of automating trades with cutting-edge GPT-4 API-based technologies like BabyAGI and AutoGPT. However, due to the volume of data and GPT’s propensity for hallucinations, applications created using the API are only suitable for single-session use. Every time a user queries the system, they start over.
Applications like AutoGPT and BabyAGI, created by some astute programmers, take advantage of GPT’s capacity to generate code and connect to external sources. These applications could form the basis of a multi-agent, set-it-and-forget-it AI system that can manage a crypto portfolio from top to bottom with prompts in plain language. Despite the fact that neither application was specifically created with the cryptocurrency market in mind, several efforts have been spotted to adopt one or both for autonomous trading.