Alphabet Stock Price Drops After Google Bard Launch Blunder

upstart writes:

Alphabet stock price drops after Google Bard launch blunder:

About 10 percent of Alphabet's market value - some $120 billion - was wiped out this week after Google proudly presented Bard, its answer to Microsoft's next-gen AI offerings, and the system bungled a simple question.

In a promotional video to show off Bard, a web search assistant to compete against Microsoft's ChatGPT-enhanced Bing, the software answered a science question incorrectly, sending Alphabet's share price down amid an overall lackluster launch by the Chocolate Factory.

Microsoft's integration of OpenAI's super-hyped language models into the Bing search engine and Edge web browser has ignited an arms race. Microsoft wants to eat into Google's web search monopoly by offering a better search engine that uses OpenAI's ChatGPT to answer queries in a conversational way with natural language rather than simple lists of links to relevant webpages.

The idea being that the bot is trained on fresh snapshots of the web, and netizens' web search requests are answered automatically by the bot with summaries of info scraped from the internet.

The Chocolate Factory is not about to give up any of its territory without a fight, though it stumbled at the first hurdle with its launch of ChatGPT rival Bard on Wednesday.

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