Crypto Market News: Elon Musk is facing a task in hand thanks to artificial intelligence based tools, which is to prevent data scraping and system manipulation on Twitter. Earlier, CoinGape reported that the social media platform blocked data access to AI based chatbots like ChatGPT. This came as part of a pool of new restrictions the company made on Saturday, which impacts the number of posts each user can access in a single day. Musk’s trademark was evident with the platform severely skewing the rules in favor of paid users when compared to non-verified users.
Also Read: Popular Analysts Predict 10% Rally In Ethereum Against Bitcoin, Will Altcoins Follow?
Meanwhile, Twitter’s data scaping problem appears to have a solution in the crypto market. Interestingly, the solution bypasses the need for placing limits on daily tweets accessed by users to prevent scraping.
According to Theta Network supporters, its technology offers a framework for decentralized data streaming and delivery that could potentially prevent unauthorized data scraping by AI companies. Data scraping involves usage of software tools or scripts to pull out data from websites and databases, which is posing a major threat to user data safety on the internet. In recent times, it has been stated that AI companies have been using data scraping tools to be able to train their large language models (LLMs). Elon Musk’s criticism of AI development is well known, after his support to the demand for limiting the pace of development in the industry.
A Twitter account named Larry, a THETA supporter, explained how Theta Network’s “Methods and systems for a decentralized data streaming and delivery network” patent can help in the social media company’s cause.
“This technology could potentially reduce the need for Twitter to impose daily post viewing limits, thereby enhancing the user experience.”
Overall, a collaboration in this direction could be a massive boost for the crypto market. Yet, it remains to be seen if Musk is keen on developing an in-house tech solution.
Also Read: Bitcoin Shrimps Racks Up More BTC; Is This A Signal Of Bull Run?
The U.S. and Iranian negotiators have reportedly reached a deal to extend the ceasefire by…
Grayscale's Hyperliquid ETF has taken another step toward becoming public with the submission of a…
Crypto prediction market platform Kalshi has sued Minnesota in a bid to block the state…
Bitcoin (BTC) has slipped out of the world's top 10 biggest assets by market capitalization…
The first '40 Act BNB ETF in the U.S. will launch today as asset manager…
Inflation in the U.S. continued to be high in April, putting renewed pressure on risk…