{"id":25419,"date":"2023-02-17T09:30:07","date_gmt":"2023-02-17T09:30:07","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/google-loses-us100-billion-due-to-bard-unfortunate-mistake"},"modified":"2023-02-17T10:04:21","modified_gmt":"2023-02-17T10:04:21","slug":"google-loses-us100-billion-due-to-bard-unfortunate-mistake","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/google-loses-us100-billion-due-to-bard-unfortunate-mistake","title":{"rendered":"Google loses US$100 billion due to \u2018Bard\u2019 unfortunate mistake"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Lesotho. <\/strong><\/span>Google on has announced a bunch of features powered by Artificial Intelligence, but a mistake in an ad from its new AI chatbot Bard caused its share price to take a significant nose dive in the value of $100 billion<\/p>\n<p>Reuters reports that shares of Google\u2019s parent, Alphabet dropped by nearly 8 percent after Bard gave inaccurate information, following a Twitter advertisement for the service, which generates answers for user queries and is now available to a limited group of testers before a wider release.<\/p>\n<p>The search engine giant is rushing into the AI space after the ChatGPT caught the attention of web users around the world with its ability to generate essays, speeches, and even answers to exam questions in seconds.<\/p>\n<p>Microsoft announced a multibillion-dollar partnership with ChatGPT maker OpenAI and unveiled new products on Tuesday, while Google tried to steal the march a day earlier by announcing its \u201cBard\u201d alternative.<\/p>\n<p>Bots are quickly being integrated into search engines and Google is battling to preserve its two-decade dominance of the web search industry. But astronomers on Twitter quickly noticed that Google\u2019s Bard had given out an error in an ad on Twitter touting its new technology.<\/p>\n<p>In the ad, the bot was asked about what to tell a nine-year-old about discoveries from the James Webb Space Telescope. Bard incorrectly offered the response that the telescope was the first to take pictures of a planet outside Earth\u2019s solar system, when that honor actually belongs to the European Very Large Telescope.<\/p>\n<p>The mess-up sent the share price spiraling down by more than seven percent on Wednesday with investors also underwhelmed by the latest announcements. Before the problem emerged, Google Vice President Prabhakar Raghavan told an event in Paris that Bard was now being used by \u201ctrusted testers\u201d but did not give a timeline for a public release, which is expected within weeks.<\/p>\n<p>Analysts have suggested Google rushed its announcement under pressure from Microsoft, but Raghavan denied the claim. \u201cThis has been a multiyear journey,\u201d he said, adding that no single event had \u201cdramatically changed the course\u201d of Google\u2019s plans.<\/p>\n<p>Google executives announced on Wednesday several AI-induced improvements across products including maps, translation, and its image recognition tool Lens.<\/p>\n<p>Microsoft has similarly said it will incorporate AI into its Office suite and Teams messaging app. But its promise to soup up its much-maligned Bing search engine put it on a collision course with Google, which has dominated the field for two decades.<\/p>\n<p>AI chatbots like ChatGPT hold the promise of supplying users with ready-made answers from multiple sources, replacing the familiar list of links and ads that have been Google\u2019s bread and butter for two decades.<\/p>\n<p>Media reports said the overnight success of ChatGPT was designated a \u201ccode red\u201d threat at Google with founders Sergey Brin and Larry Page \u2014 who left several years ago \u2014 brought back to brainstorm ideas and fast-track a response.<\/p>\n<p>The pressure to act was heightened last week when Google parent Alphabet posted disappointing results and announced it was laying off 12,000 employees.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/lesotho\">Lesotho<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. Google on has announced a bunch of features powered by Artificial Intelligence, but a mistake in an ad from its new AI chatbot Bard caused its share price to take a significant nose dive in the value of $100 billion Reuters reports that shares of Google\u2019s parent, Alphabet dropped by nearly 8 [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":25418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,246,1683,245],"class_list":["post-25419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-lesotho","tag-google","tag-lesotho"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Google loses US$100 billion due to \u2018Bard\u2019 unfortunate mistake - 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