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Distinct Post > Business > Market > Google AI Chatbot Bard mistake cost down $100 billion in shares
google-ai-chatbot-bard-mistake-cost-down-100-billion-in-shares
BusinessMarket

Google AI Chatbot Bard mistake cost down $100 billion in shares

Affan Sheikh Published February 9, 2023
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Google face a massive loss of $100 billion in shares as Google’s AI Chatbot Bard came up with the wrong answer. Google has been under pressure after Microsoft plans to integrate ChatGPT into its search engine tool, Bing. Microsoft announced that a new version of Bing would use the ChatGPT in an advanced form. ChatGPT which is a rival of Google’s search engine became more demandable against Google.

Google is trying its best to reassure and bring back people and investors. Google tried to be in front of the race of AI technology but seems like it went too far. In a recent week, Google unveiled its AI Chatbot “Bard” to compete with ChatGPT. The investors showed their interest after Google’s announcement but doesn’t last long.

In promotion of Bard, which was released on Twitter on Monday. The question was asked Bard about what to tell a nine-year-old about discoveries from the James Web Space Telescope.

Bard is an experimental conversational AI service, powered by LaMDA. Built using our large language models and drawing on information from the web, it’s a launchpad for curiosity and can help simplify complex topics → https://t.co/fSp531xKy3 pic.twitter.com/JecHXVmt8l

— Google (@Google) February 6, 2023
Google’s Bard promotion

Bard quickly responded to the question as the telescope was the first to take pictures of a planet outside the earth’s solar system, when in fact that milestone was claimed by the European Very Large Telescope in 2004. A simple mistake was caught by an astronomer on Twitter.

Why didn't you fact check this example before sharing it? If you use Google to look stuff up you will see Bard has made errors. Try googling: "when was the first direct image of an exoplanet made?"

— Chris Harrison (@CMHarrisonAstro) February 7, 2023
Chris Harrison-who is a fellow at Newcastle University

A simple mistake wipes 7% of shares on Wednesday which is the sum of $100 billion off the firm’s market value. Though investors have embraced the push for AI, skeptics have warned rushing out the technology raises risks of errors or otherwise skewed results, as well as issues of plagiarism.

Google lost $100 billion in shares as Bard came up with the wrong answer

The error highlighted the importance of a rigorous testing process, is something that we’re kicking off this week with our Trusted Tester program. We’ll combine external feedback with our internal testing to make sure Bard’s responses meet a high bar for quality, safety, and roundedness in real-world information.”

Google Spokesperson

Last month, Google CEO Sundar Pichai cut 6% of its Worldwide workforce which is almost 12,000 jobs.

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