Google Loses $100 Billion In Market Value After Bard Launch
Google has launched its AI chatbot ‘Bard’. But it gave the wrong answer in its promotional video. After that Google’s parent company Alphabet lost $100 billion. Google Inc.’s new experimental AI service, ‘ Bard ,’ which was created as a response to Microsoft’s ChatGPT, provided wrong information in its promotional video. On February 8, during regular trading hours, the company’s shares on the Nasdaq exchange fell 7.8%, while after-hours trading was basically unchanged. A few hours before Bard’s debut ceremony in Paris, Reuters found the inaccuracy. When asked what to inform a 9-year-old about recent observations from the James Webb Space Telescope (JWST) in the demonstration video of Bard, the chatbot replies that the JWST was used to take photographs of a planet outside the Milky Way. This is not correct. The chatbot was developed to compete with Microsoft’s ground-breaking AI chatbot, ChatGPT, and its goal is to simplify complicated issues. Google appears to have developed a ri...