The CEO of America's largest cryptocurrency exchange Coinbase has made it plain that he opposes the interim suspension of ChatGPT's improvements, despite calls for it from certain notable figures in the IT sector.

Armstrong's remarks were made not long after an open letter calling for a six-month embargo on the creation of artificial intelligence that is more potent than GPT-4, the most recent version of ChatGPT, an AI chatbot developed by OpenAI, was published.

More than 1,700 signatories to the letter include Twitter CEO Elon Musk, Apple co-founder Steve Wozniak, and American businessman and politician Andrew Yang, claims that:

“AI systems with human-competitive intelligence can pose profound risks to society and humanity.”

Moreover, it contends that existing systems should be improved to be “more accurate, safe, interpretable, transparent, robust, aligned, trustworthy, and loyal.”

Natural language processing (NLP) applications include chatbots, language translation, and content generation. GPT (Generative Pre-trained Transformer) models, such as ChatGPT, are created to produce human-like language.

GPT-4, which has improved skills in areas like sophisticated reasoning and complicated instructions, was only just launched. According to OpenAI, the tool also boasts "more creativity."

Although artificial intelligence systems have drawn more attention in recent months, they have also raised ethical issues about the use of computers in human communication and decision-making as well as its effects on employment and social injustice.

Additionally, there are worries that software developers may use ChatGPT to make false performance claims. On Thursday, the Center for AI and Digital Policy filed a formal complaint with the U.S. Federal Trade Commission, accusing OpenAI of breaking the FTC Act's section on unfair and deceptive business practices.

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