Loss Of $ 100 Billion In The Market Value To Google Parent Alphabet

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Shares of the company, Google Inc., fall by 7.8% on 8th February. This fall was seen during regular trading hours at the Nasdaq exchange. Google has to face a loss of 100 billion dollars in market value. 

This loss happened as the new Google AI Chatbot, Bard, delivered an inaccurate answer in the promotional video. The AI Chatbot, Bard is developed as an answer to Microsoft Chat GPT. The error was caught in Bard by Rerters, a few hours before the launch at the Paris. 

The question was from a 9-year-old, about the James Webb Space Telescope (JWST). In answer to it, the AI responded that JWST takes pictures of planets outside the Milky Way Galaxy. This answer was wrong. This made the shares of the company fall.

The AI, Bard was built as the competition to the Microsoft AI Chatbot, Chat GPT. 

The mistake in the answer represents if Google hurried to come up with a rival.

CONCLUSION

  • This shows that there is still a long way for an AI system to become capable enough to be incorporated into business and replace jobs.
  • It also represents the risk and chance of plagiarism will be still there.

Kumud Sharma

Kumud Sharma is the First Well-Known Female Journalist of the Journalism World of Himachal Pradesh. I am the Founder, Editor in Chief, Managing Director, Promoter of Diary Times. As a Female Journalist, With My Experience of More Than Nine Years, I Tell You Every News of Himachal Pradesh From The Ground Level With Absolutely Accurate and Correct Information, Be it the Politics of Himachal Pradesh or the Ground Reality, My Perspective On Every News Will Give You Assurance. I Assure You That Every News of Mine Will Comply With the Expertise and Fact Checking Policy.

 

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