ChatGPT predicts US dollar dominance will give way to a multipolar currency system as China's yuan gains influence
The US dollar has been the premier currency for international trade and global foreign-exchange reserves, but a broader set of currencies could play leading roles in the future. , the popular artificial intelligence chatbot created by OpenAI. In response to a question on whether the US dollar or the Chinese yuan would be dominant in the future, ChatGPT declined to choose between the two.
"The US dollar has been the dominant international currency for much of the past century, and it remains widely used and accepted as a store of value, a medium of exchange, and a unit of account," ChatGPT said."Its widespread use, particularly in international trade, gives the US dollar significant influence on the world stage.
Beijing has also sought to internationalize the yuan, also known as the renminbi, and make it a more attractive alternative to the US dollar.
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