The most recent version of ChatGPT can find Ethereum smart contract vulnerabilities and exploits, but will it eventually take the place of developers?

The most recent iteration of ChatGPT has generated a lot of buzz online thanks to stellar performance on SAT tests and the identification of flaws and exploits in Ethereum smart contracts.

The highly effective artificial intelligence (AI) language model’s most recent iteration, GPT-4, boasts “human-level performance on various professional and academic benchmarks,” according to its creator OpenAI.

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The GPT-4 team has not only achieved outstanding results on a variety of professional and academic benchmarks, but they have also shown the ability to review Ethereum smart contracts, point out flaws, and even suggest potential ways to exploit the code.

Given the emphasis on Web3 in security and auditing procedures, blockchain developer Salman Arshad highlighted the relationship that ChatGPT has with blockchain. ChatGPT offers a quick and affordable way to review code because smart contract auditors are expensive:

“ChatGPT and AI tools are a blessing; they are not our enemies and are not here to end the career of a developer.”

Although ChatGPT’s extensive knowledge base is one of its strengths, Arshad continued, it still needs human input for certain business logic and prompts. The advantage is that by using AI-powered tools, developers can complete a lot more work in a shorter amount of time:

“You know what your company wants to do. You can tell ChatGPT, and it can perfectly transform your commands into a smart contract, auditing process, document or white paper.”

Syed Ghazanfer, a different blockchain developer, also emphasized ChatGPT’s cooperative features, which continue to be much more helpful to a wide range of users than the potential risk of automating procedures and displacing human workers:

“I’m really in favor of ChatGPT. For it to replace you, you have to communicate requirements which are not possible in native English. That’s why we invented programming languages.”

ChatGPT, which automates tasks like reading and condensing comprehensive documentation, will continue to be a helpful tool for developers, according to Ghazanfer.

ChatGPT is proving to be very helpful for developers to solve coding issues, as Cointelegraph previously investigated. The AI-enabled tool also promises to be helpful for security audits of Web3 platforms and smart contracts.