Google’s ChatGPT rival Bard is already off to a terrible start, company shares tumble

Some ‘Bard’ news for Google…

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Shares in Alphabet,Google’s parent company, plummeted by as much as 9% yesterday when the itsChatGPTrival failed to impress investors after making a fatal error (viaReuters).

The company lost an estimated $100 billion in market value on a day when rival companyMicrosoft’s shares rose by 3%.

The failure to wow onlookers was partly thanks to a promotional video that saw the LaMDA-trained Bard share inaccurate information.

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Bard vs ChatGPT

Bard vs ChatGPT

Reuters had noticed the incorrect answer during a presentation by the company that saw a simulation ask Bard: “What new discoveries from the James Webb Space Telescope can I tell my 9 year old about?”

Among Bard’s answers was that the JWST had taken the “very first pictures” of an exoplanet - a planet from outside our solar system. This is indeed incorrect, as the European Southern Observatory’s Very Large Telescope is credited with taking the first picture of an exoplanet back in 2004, confirmed byNASA.

The day before Google’s big presentation, Microsoft held an event to share information about itsBingsearch tool, which has now had ChatGPT integrated directly into it, leading company shares to rise.

The best AI writers>The world needs the new Bing, but Microsoft has to stop following Google>Google’s Bard is a ChatGPT rival that could change the way we use Search

A Google spokesperson said: “this highlights the importance of a rigorous testing process, something that we’re kicking off this week with our Trusted Tester program”.

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CEO, Sundar Pichai, said in ablog postthat it would be “more widely available to the public in the coming weeks”, but many are concerned that this may be too little too late, following a multi-billion dollar investment by Microsoft inOpenAI, the startup behind ChatGPT.

Gil Luria, a senior software analyst at D.A. Davidson, said: “While Google has been a leader in AI innovation over the last several years, they seemed to have fallen asleep on implementing this technology into their search product.” Luria explained that the “rushed” announcement had led to an “embarrassing mess up”.

ViaReuters

With several years’ experience freelancing in tech and automotive circles, Craig’s specific interests lie in technology that is designed to better our lives, including AI and ML, productivity aids, and smart fitness. He is also passionate about cars and the decarbonisation of personal transportation. As an avid bargain-hunter, you can be sure that any deal Craig finds is top value!

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