Google’s parent company, Alphabet, saw a sharp drop in market value this week, losing $100 billion after its newly launched conversational bot, Bard, produced a factual error in an advertisement demo. The ad ran on Google’s Twitter feed and described Bard as “a launchpad for curiosity” and a search tool to help simplify complex topics. However, when prompted with a question about the James Webb Space Telescope, Bard claimed that it had taken the first pictures of exoplanets, which turned out to be incorrect. The European Southern Observatory’s very large telescope was actually the first to take pictures of these celestial bodies in 2004.
This misstep came just hours before Google’s senior executives presented Bard as the future of the company at a launch event in Paris. As a result of the error, Alphabet shares dropped as much as 9% during trading hours, while shares of Microsoft, Google’s rival, rose by 3%. This was due to Microsoft’s recent announcement that it would incorporate ChatGPT, created by OpenAI, into products like its Bing search engine.
Artificial intelligence technology has been all the rage in Silicon Valley lately, impressing investors and eliciting fear in writers for its ability to answer questions in a simple language format. However, ethicists warn that this technology also raises the risk of biased answers, plagiarism, and the spread of misinformation. This is because AI bots often state incorrect information as fact because they are designed to fill in gaps.
In recent months, the tech sector has experienced widespread job cuts, with Alphabet cutting about 6% of its global workforce, or 12,000 jobs, last month. Google CEO Sundar Pichai stated in a blog post that Bard will be exclusively available to trusted testers before its public release in the coming weeks.
The error by Bard highlights the importance of fact-checking and caution when it comes to relying on artificial intelligence. As AI continues to play a larger role in our lives, it is crucial to ensure that the information it provides is accurate and unbiased. While AI technology has the potential to make our lives easier and more convenient, it is essential that we remain vigilant about its limitations and potential risks.
TikTok, the wildly popular short-form video app, has been hit with a massive €345 million ($368 million) fine by the Irish Data Protection Commission (DPC) for failing to adequately protect children’s privacy on its platform.
China’s economy is displaying hopeful signs of recovery in August, but the real estate sector continues to struggle, posing challenges for the nation’s economic stability.
Arm, the renowned British chip designer under the SoftBank umbrella, is gearing up for a high-stakes $5 billion initial public offering (IPO). While excitement surrounds this significant move, investors are growing increasingly wary of Arm’s business ties to China, particularly amidst escalating tensions between the United States and Beijing over chip technology. Let’s dive into the complexities of Arm’s China dealings and the challenges it faces.
In an era marked by the rapid advancement of artificial intelligence (AI), the invisible hands behind the scenes, often referred to as “ghost workers,” have come into the spotlight. These are the individuals responsible for labeling data, rating responses, and performing crucial tasks that train AI algorithms.
Apple enthusiasts and tech enthusiasts alike are eagerly anticipating Apple’s annual September keynote event, where the company is set to unveil its latest iPhone lineup, including the highly anticipated iPhone 15. With the event just around the corner, here’s a sneak peek into what we can expect from Apple’s big reveal.
Tesla Inc. has long been a pioneer in the electric vehicle (EV) industry, and its innovations continue to send shockwaves through the financial world. Recent predictions by analysts at Morgan Stanley suggest that Tesla’s Dojo supercomputer could be the catalyst for a massive $500 billion surge in the company’s market value. This article delves into the details of this remarkable prediction and the potential impact of Dojo on Tesla’s future.
President Joe Biden’s 2-day visit to Vietnam starting on September 10 has been marked by his efforts to strengthen ties with Hanoi and build global stability, with a particular focus on Asia.
In the United States, the standard workday of eight hours, five days a week has become deeply ingrained in our culture. Dolly Parton even immortalized…
The ever-evolving landscape of consumer technology has seen significant shifts in 2023, with a strong focus on security and the continued adoption of hybrid work models. These trends, as highlighted in the fourth annual Deloitte Connected Consumer survey, reflect not only consumer preferences but also their impact on the workplace. As economic uncertainty persists and remote and hybrid work models gain traction, tech companies and business leaders must adapt to meet the changing needs of their employees and customers.
According to sources familiar with the matter as reported by The Wall Street Journal, China has recently implemented a ban on the use of iPhones by central government officials. This ban has been communicated to staff members through various means, such as chat groups or meetings.
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- Google’s Bard AI Chatbot Takes a Leap Forward with Major Expansion - September 20, 2023
- Alibaba’s AI-Powered Renaissance Amidst New Leadership and Market Challenges - September 18, 2023
- TikTok Hit with €345 Million Fine in Europe for Child Privacy Violations - September 18, 2023