Google’s recent launch of its new AI called “Bard” has created a major stir in the tech industry. Despite receiving positive reviews from many experts, Alphabet Inc, the parent company of Google, did indeed suffer a loss of $100 billion due to an inaccurate answer delivered by Bard.
The incident occurred when Alphabet Inc posted a short GIF video of Google AI Bard in action via Twitter, promising that it would help simplify complex topics. The video showed Bard answering a complex question about quantum mechanics, but the answer delivered was incorrect and caused widespread confusion among experts in the field.
This misstep was a major blow to the credibility of Bard and Alphabet Inc, and the company’s stock price took a major hit as a result. Investors were concerned that the company was not properly testing its new operating system before releasing it to the public, and many decided to sell their shares in the company.
In response to the incident, Alphabet Inc has launched an internal investigation to determine how the incorrect answer was delivered and has promised to improve the testing and quality control processes for Bard. The company has also taken steps to improve the accuracy of Bard’s answers, by incorporating new algorithms and improving its data sources.
Despite these efforts, the damage has already been done, and the company’s stock price continues to suffer. Many experts believe that the misstep with Bard will have a long-lasting impact on Alphabet Inc’s financial performance, and the company will need to work hard to regain the trust of investors and consumers.
In conclusion, Alphabet Inc’s loss of $100 billion was due to an inaccurate answer delivered by Bard, which was a result of a lack of proper testing and quality control processes. The company is now working to address these issues and regain the trust of investors and consumers, but the impact of the misstep is likely to be long-lasting.
