Elon Musk’s recent accusations against the popular AI-powered meme-related bot “Explain This Bob” have caused an uproar on Twitter.
In a tweet, Musk claimed the account was a “fraudulent crypto account,” prompting the social media platform to take swift action.
Soon after Musk’s allegations, Twitter comment account, adding fuel to the already raging debate about the intersection of cryptocurrency and artificial intelligence.
This account’s suspension, known for its unique ability to explain complex concepts with a touch of humor, has left the cryptocurrency community and AI enthusiasts intrigued and speculating about the reasons behind Musk’s claims.
This definitely looks like a scam crypto account. If so, it will be suspended.
– Elon Musk (@elonmusk) June 18, 2023
Comment “explain this bob” on twitter
The Explain This Bob account, created by Prabhu Biswal from India, relied on OpenAI’s advanced GPT-4 model to understand and craft responses to tweets directed at the account. Before the account was suspended, the account gained an impressive following number of over 400,000 users.
On June 18, Musk addressed the bot directly in a tweet, expressing doubts about its legality.
in his tweetMusk wrote, “This definitely looks like a fraudulent crypto account. If so, it will be suspended.”
The accusation marks a major shift in Musk’s perception of the bot, as he previously tweeted, “I love bobIn response to one of her tweets on April 20.
I love bob
– Elon Musk (@elonmusk) April 19, 2023
Interestingly, this very tweet was featured prominently on the project’s website, further highlighting the billionaire’s sudden change of heart towards the AI robot.
Elon Musk: Impact on Bob Token (BOB)
The suspension of Explain This Bob’s account had implications for the associated ERC-20 meme coin, the Bob Token (BOB), which was introduced in April.
After the comment, and at the time of writing, the BOB price has seen a significant drop of more than 30%. However, in an interesting turn of events, the coin has since recovered slightly, showing a 10% increase in value over the past 24 hours, data from Queen Gekko Offers.
As of today, the market cap of cryptocurrencies stood at $1 trillion. Chart: TradingView.com
While Twitter took action against the Explain This Bob account, no similar action was taken against the account linked to the Bob Token. The project team responded to the comment with a touch of humor, Share meme Picture Elon Musk observing the distressed Bob in a prison.
#freepop pic.twitter.com/SOUm7opQ7o
– Bob (BobEthToken) June 18, 2023
In response to the comment, the hashtag “FREEBOB” gained traction on Crypto Twitter. Many observers think so PopToken is not a scam coin and that the comment is not justified. They argue that the token launch was done fairly and assert that BOB functions as a fully decentralized currency.
Meanwhile, some observers believe that Elon Musk understands this BOB explanation as a marketing tactic intended to artificially inflate the price of BOB.
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