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COINTURK NEWS > Cardano (ADA) > The Impact of Elon Musk’s AI Venture on Cardano Founder
Cardano (ADA)

The Impact of Elon Musk’s AI Venture on Cardano Founder

In Brief

  • Cardano founder Charles Hoskinson is among the prominent figures in the crypto world and is highly active on social media. The only complaint of ADA Coin investors is that Hoskinson spends too much time on topics other than Cardano. Currently, he is focused on Elon Musk’s AI venture.ContentsElon Musk and the Founder of CardanoThe Future […]
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COINTURK NEWS 2 years ago
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Cardano founder Charles Hoskinson is among the prominent figures in the crypto world and is highly active on social media. The only complaint of ADA Coin investors is that Hoskinson spends too much time on topics other than Cardano. Currently, he is focused on Elon Musk’s AI venture.

Contents
Elon Musk and the Founder of CardanoThe Future of Cardano (ADA)

Elon Musk and the Founder of Cardano

Cardano’s founder, Charles Hoskinson, recently brought up Elon Musk’s AI chatbot, Grok AI. The discussion starts with Hoskinson’s foresight and revolves around the benefits and value of Grok AI. Critics claim that the newly released protocol is the worst Large Language Model (LLM) and offers little to no value compared to existing models such as OpenAI’s ChatGPT or Google’s AI model, Bard.

It is worth noting that Elon Musk, one of the founders of OpenAI, is behind ChatGPT. The founder of Cardano highlights the potential risks of criticism in the future and draws attention to the potential threats Grok AI can pose to democracy. The concern here is that unless properly regulated, Grok AI can be used to manipulate the public, spread disinformation, or strengthen extremist views.

In the latest wave of potential criticisms, Charles Hoskinson emphasizes that Grok AI may face regulatory pressure.

The Future of Cardano (ADA)

Hoskinson’s comments go on and on. Grok is definitely a product with serious potential. It is like a treasure trove for sociologists on Twitter (X) who can understand people’s thought processes, analyze their political orientations, and much more. Everyone agrees that it will be a different experience.

However, there is a problem. Hoskinson is like a child with attention deficit. Cardano (ADA) is developing very slowly, and while Hoskinson should be paying attention in class and solving problems, he is constantly playing with his pen and eraser. It is a great misfortune for Cardano investors to have a manager like Hoskinson.

Although Cardano gained smart contract capabilities by the end of 2021, it has not yet become the center of popular applications. DJED still has a daily volume of $130,000. Despite thousands of criticisms ranging from the difficulty of the Haskell language to the smart contract capabilities on the network, Hoskinson is extremely weak in solving problems and organizing people who will solve them.

When you look at the managers of competing networks, you don’t see them constantly fighting with their communities and focusing more on current global issues than the network itself. Perhaps Cardano’s biggest problem is Hoskinson, and this situation affects its future.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 6 November, 2023 - 2:08 am 6 November, 2023 - 2:08 am
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