Shares of Alphabet, Google’s parent company, suffered a $100 billion decline in market value after the company’s new AI chatbot provided inaccurate information in a promotional video.
Reuters reports that this week, Alphabet, the parent company of Google, saw a $100 billion decline in market value as a result of Bard, the company’s new chatbot, providing inaccurate information in a promotional video. Because of this failure and the lack of information regarding Bard’s integration into Google’s primary search function, there are worries that Google is falling behind its competitor Microsoft. The stock fell as much as 9 percent during Wednesday trading.
The launch of Google’s new chatbot on Monday was anticipated to simplify complex subjects. But just before its livestreamed presentation on Wednesday, Reuters called attention to a mistake in the company’s promotional video — the supposedly all-knowing AI made a basic mistake about space exploration.
As Reuters reported:
In the advertisement, Bard is given the prompt: “What new discoveries from the James Webb Space Telescope (JWST) can I tell my 9-year old about?” Bard responds with a number of answers, including one suggesting the JWST was used to take the very first pictures of a planet outside the Earth’s solar system, or exoplanets. The first pictures of exoplanets were, however, taken by the European Southern Observatory’s Very Large Telescope (VLT) in 2004, as confirmed by NASA.
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