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OpenAI needs a DAO to manage ChatGPT

Published 04/05/2023, 05:53 PM
Updated 04/05/2023, 08:00 PM

ChatGPT, a large language model that can converse with users, is one of OpenAI’s ground-breaking models. Although there are numerous advantages to this technology, some worry that it needs to be regulated in a way that ensures privacy, neutrality and decentralized knowledge. A decentralized autonomous organization (DAO) can be the solution to these issues.

Firstly, privacy is a major concern when it comes to the use of ChatGPT. In order to enhance its responses, the model gathers data from users — but this data may contain sensitive information that individuals may not want to divulge to a central authority. For instance, if a user discloses to ChatGPT their financial or medical history, this information may be kept and used in ways they did not expect or authorize. If the information is obtained by unauthorized parties, it may result in privacy violations or even identity theft.

Guneet Kaur joined Cointelegraph as an editor in 2021. She holds a Master of Science in financial technology from the University of Stirling and an MBA from India’s Guru Nanak Dev University.

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