Trends indicate that AI will be a major topic in 2023, as data shows a surge in interest since Microsoft invested billions into Chatgpt.
Examples of this trend include the crypto project Fetch.ai, whose native token FET has risen 212% in the past 30 days, and Singularitynet, whose token AGIX has increased 293% against the U.S. dollar. Google Trends score for the term “AI” was 94 out of 100 during the week of Jan. 22-28, 2023, and it reached its highest score of 100 in the first week of Dec. 2022.
The Openai platform Chatgpt or GPT-3 has become a widely used AI phenomenon in the past two months. Microsoft has entered the third phase of its long-term partnership with Openai through a “multi-year, multi-billion dollar investment.”
This has led to a rise in blockchain projects integrating AI into their protocols, such as Vectorspace AI (vspb.science) and its VXV token, which has increased 95.9% over the past month Fetch.ai, whose FET token has risen 212% against the U.S. dollar. Ocean Protocol, named a technology pioneer by the World Economic Forum, has seen its OCEAN token rise 130% against the U.S. dollar in the past 30 days.
It remains to be seen how long the demand for AI-based crypto assets and the popularity of these tokens will last. Still, all AI-related crypto assets are currently ranked below the top 75 in market capitalization.