Alphabet Loses $100 Billion in a Single Mistake by Google’s AI Chatbot Bard, the parent company of Google, suffered a significant financial loss after a mistake made by its AI-based chatbot Bard. On February 6, Google introduced Bard at the Chat GPT event and released a video on Twitter to promote the new technology. In the video, Bard was asked to provide information about the achievements of the James Webb Space Telescope to a 9-year-old boy. However, Bard’s answer was incorrect and claimed that the James Webb Space Telescope was the first to photograph an exoplanet when in reality a European telescope had done so first.
The incorrect information was also included in a blog post by Google CEO Sundar Pichai, who highlighted the purpose of the new chatbot. Pichai stated that Bard would provide users with information on various topics in a simple format, using audio, video, images, and other sources. However, the mistake made by Bard had serious consequences, causing Alphabet’s share price to fall 9% and lose $100 billion from its market value.
Despite this setback, the popularity of Chat GPT technology has continued to grow worldwide, leading Microsoft to introduce its own search engine, Bing, based on this technology on February 7. The technology has also been included in Microsoft’s web browser Edge.
The incorrect information provided by Google’s chatbot Bard has caused a significant financial loss for Alphabet, but the popularity of Chat GPT technology continues to grow. The mistake serves as a reminder of the importance of fact-checking and accuracy in the world of AI and technology.