Bard Takes a Bow: Google's Chatbot Competitor Strikes Out on Debut

1 year ago
20

Google's much anticipated ChatGPT competitor gives false information in a live demo, and in turn experiences an over $100 Billion stock market tumble.

#chatgpt #bard #ai

A Factual Error by Bard AI Chatbot Just Cost Google $100 Billion. Google fell more than 7% when U.S. stocks opened late Tuesday, wiping out about $102 billion in market value. This comes after Google's AI chatbot Bard gave incorrect answers to questions posed by users at a launch event.

Source: https://time.com/6254226/alphabet-google-bard-100-billion-ai-error/

Google shares fell nearly 8% to roughly $99.40 on Wednesday—erasing more than $100 billion in market value, including a nearly 5% uptick on Tuesday after the tech giant announced an AI-equipped service called Bard to compete with the popular ChatGPT bot.

The stock plunge worsened after Reuters reported Wednesday morning that a Twitter advertisement for the service, which generates answers for user queries and is debuting to a limited group of testers before a wider release, included inaccurate information.

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