Google's AI Answers Basic Question Wrong, Sweeping Away $100 Billion From Alphabet

According to Reuters, Alphabet (Google's parent company) lost $100 billion in market value on February 8.

The company's newly launched AI chatbot got a basic question wrong in a promotional video released alongside the launch event, raising concerns that Google's parent company is losing out to rival Microsoft in the artificial intelligence race.

Alphabet shares fell as much as 9%, with trading volume three times higher than usual. The tech giant's market capitalization evaporated by $100 billion. Although Google had high expectations after launching Bard, an AI chatbot that directly competes with Microsoft's ChatGPT .

AI Chatbot makes Anphabet lose 100 billion USD immediately.

In the introductory video, Bard is asked: 'What new discoveries from the James Webb Space Telescope can I tell my 9-year-old about?'. Bard gives a number of answers, including one: ' The James Webb Space Telescope was used to take the first pictures of a planet outside Earth's Solar System, also known as an exoplanet'.

However, according to NASA's confirmation, the first photos of the exoplanet were taken by the Very Large Telescope of the European Southern Observatory (ESO) in 2004.

In response to the AI ​​chatbot's error, a Google spokesperson said: 'This highlights the importance of a rigorous testing process, which we're starting this week with our Trusted Tester program . We'll combine external feedback with internal testing to ensure Bard meets our high standards for quality, safety, and real-world validity.'

Bard is not yet widely available to the general public, but is still in the testing phase. Even Google CEO Sundar Pichai sent an email mobilizing the entire company's workforce to participate in Bard's testing process. Therefore, there is still a lot of work to be done to help Google's AI chatbot compete with Microsoft's ChatGPT, and create a new breakthrough in internet search.