A Chainstory report highlights how Wikipedia's limited entries on cryptocurrencies could hinder AI tools like ChatGPT in understanding the sector.
Wikipedia's Limited Coverage Affects AI Understanding of Crypto
The cryptocurrency industry is facing significant challenges due to a lack of comprehensive Wikipedia entries, which could hinder AI models like ChatGPT in their interpretation of crypto-related information, according to a report from Chainstory, a crypto communications firm.
Currently, only 67 out of the top 1,000 cryptocurrency projects, as identified by CoinGecko, have Wikipedia entries. This includes prominent projects like Hyperliquid and Sui, which has ties to Meta's discontinued Diem initiative.
The report highlights that Wikipedia's stringent editorial guidelines, designed to filter out less relevant projects from earlier crypto phases, may now be excluding established, multi-billion-dollar companies from the platform's records. "By maintaining these filters, the platform is no longer merely eliminating the irrelevant but also removing established entities from the most trusted public record online," the report states.
This lack of entries is particularly alarming as reliance on AI tools for information grows. Research indicates that 7.8% of links used by ChatGPT are sourced from Wikipedia, significantly higher than 1.8% from Reddit and 1.1% from Forbes.
Additionally, Wikipedia accounts for 36% of the top ten citation links used by ChatGPT and 25% of the top 100 links, according to Trakkr data. However, creating a Wikipedia page is not straightforward; it involves navigating multiple layers of protection and moderation. Volunteer reviewers assess new articles based on strict criteria, including notability and source reliability.
Even if an article is approved, it can still be deleted by administrators or through a community vote, which does not allow for appeals. The situation is further complicated by Wikipedia's stance on cryptocurrency news sources, which it often deems unreliable, in contrast to mainstream outlets like Reuters and Bloomberg that are viewed as credible but often overlook niche topics in the crypto space.
Chainstory concludes that cryptocurrency representation on Wikipedia is minimal, describing the platform as a "gate that is genuinely hard to pass." As of now, Wikipedia has not responded to inquiries from CoinDesk regarding these issues.
