Alphabet, the parent company of Google, saw its market worth decline by $100 billion on Wednesday due to Bard, a new AI chatbot, sharing false information in a promotional video. Reuters was the first to point out the error in Google’s chatbot advertisement, which was released on Monday, regarding which satellite first captured images of a planet outside our solar system.
In response to Microsoft’s ChatGPT, Google Inc.’s new experimental AI service, “Bard,” provided false 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 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 discoveries 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. That is untrue.
The chatbot was developed to compete with Microsoft’s ground-breaking AI chatbot, ChatGPT, which aims to simplify complicated issues. Google has developed a rival too rapidly, though.
There is a long way to go before AI systems are fully integrated into commercial operations and begin to eliminate jobs. The dangers of plagiarized work, biased findings, and incorrect remedies continue.