Shares of Google’s parent company plummeted 7.7% on the 8th (local time) after an error was pointed out in an example of Google’s interactive AI answer that advertised as explaining the discoveries made by the James Webb Space Telescope to a 9-year-old child. This is the biggest drop in the last 3 months.
At the press conference held in Paris, France on this day, the evaluation that Google’s bard’s ability was not impressive enough to surpass ChatGPT seems to have played a role. On this day, the New York stock market generally shrank, including a 1.7% decline in the Nasdaq index due to concerns over tightening by the US Federal Reserve, but Google’s stock price plummeted reflects investors’ concerns about the future of search.
Previously, Google’s proposed counter to ChatGPT, ‘Bard’, is a new discovery from the James Webb Space Telescope, which was used to take the first pictures of a planet outside Earth’s solar system, he said. However, the National Aeronautics and Space Administration (NASA) said that the photo was actually taken by another telescope. Bloomberg News said, “Bard is raising concerns that Google has lost ground in the race for the future of Internet search.” The size of Google’s search business reaches 150 billion dollars (189 trillion won).
Google held a press conference in Paris, France on the same day and shared details about Bard’s search function, which will compete against Microsoft’s (MS) Bing-Chat GPT combination. Prabhakar Raghavan, senior vice president of Google, said generative AI like ChatGPT will allow users to interact with information in “whole new ways.”
For example, if we were planning a long-distance trip from San Francisco to Santa Cruz and asked for a place to rest in the middle, we showed specific places and explanations. Google said that Google Translate has also been equipped with an AI function to enhance ‘context’ translation in five languages: English, French, German, Japanese, and Spanish.
Google said it was “an example of the importance of a rigorous testing process.” Bard is currently in trial with a limited user group and will be available to the general public “in the coming weeks.”
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Source: Donga
Mark Jones is a world traveler and journalist for News Rebeat. With a curious mind and a love of adventure, Mark brings a unique perspective to the latest global events and provides in-depth and thought-provoking coverage of the world at large.