Google’s Bard AI Incident Results in $100B Losses

Google is looking for ways to show people that it still has the best artificial intelligence technology. Google’s Bard AI so far, is giving the wrong answer.

Sadly, Google’s Bard AI gave the wrong answer to a question in a commercial meant to show off its new AI bot.

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Alphabet’s shares fell more than 7% on Wednesday, taking $100 billion (₱5 trillion) off the company’s market value.

Someone asked the Bard bot in its Monday Twitter ad what to tell a nine-year-old about the findings of the James Webb Space Telescope.

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It said the telescope was the first to take a picture of a planet outside the earth’s solar system, but the European Very Large Telescope did that in 2004. Astronomers quickly pointed out the mistake 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

Investors also needed to be more impressed by the company’s presentation about using artificial intelligence in its products.

Microsoft’s ChatGPT

Since the end of last year, when Microsoft-backed OpenAI showed off new ChatGPT software, Google has been under great pressure. It quickly went viral because it helped people pass business school exams, write lyrics for songs, and answer other questions.

This week, Microsoft announced its plans to enhance the use of ChatGPT technology in a new version of Bing search engine, aiming to close the gap with Google after years of being behind.

Investors have welcomed the push for artificial intelligence. Still, skeptics have warned that rushing to release the technology could lead to mistakes, other skewed results, and plagiarism problems.

A Google representative said the mistake showed “the importance of a rigorous testing process, something we’re kicking off this week with our Trusted Tester programme.”

Alphabet, the company that owns Google, laid off 12,000 people worldwide last month, and this is about 6% of the company’s total workforce.


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