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Google Bard AI: An Insight into the $100 Billion Loss in Alphabet Shares

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Google Bard AI: An Insight into the $100 Billion Loss in Alphabet Shares

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Google’s AI chatbot Bard has been making headlines in recent days, following its incorrect answer which caused a loss of $100 billion in Alphabet shares. This incident has sparked a lot of interest and discussion about the reliability of AI technology and its impact on the financial market. 

Shares of Google’s parent company Alphabet took a major hit on Wednesday after its AI chatbot Bard gave an incorrect answer, causing a 9% drop in stock prices. This significant loss has raised concerns about the reliability of AI chatbots and their impact on the stock market.

The issue with Bard arose when the chatbot was asked a question related to the stock market. Bard’s response caused widespread panic among investors, leading to a rapid sell-off of Alphabet shares. The incorrect information provided by Bard has led many to question the chatbot’s ability to answer questions accurately and provide reliable information.

In this blog, we will take a closer look at the role of Google’s AI chatbot Bard and the events that led to the loss in Alphabet shares.

GOOGLE CHATBOT GITHUB

Despite the setback, Google has stated that they are committed to improving the accuracy of Bard also called Bert and other AI chatbots. The company has made Bard’s code available on Github, allowing developers to contribute to the chatbot’s development and improve its accuracy. This move by Google has been widely welcomed by the tech community, with many developers already contributing to the project.

ALSO READ – Google BERT vs ChatGPT: A Comprehensive Comparison of AI Language Models

Bard’s AI capabilities can be accessed through the Bard AI link, which can be found on the Google website. Users can test the chatbot’s abilities by asking it questions related to various topics, including finance, technology, and sports. Bard’s AI technology is designed to provide quick and accurate responses, making it an essential tool for those seeking information on various topics.

To use Bard, users need to sign up for a Bard AI account, which requires a Google account. The sign-up process is straightforward and can be completed in a few minutes. Once the account is set up, users can log in to the Bard AI platform and start asking questions.

Google’s AI chatbot Bard is one of the latest advancements in AI technology and is seen as a major step forward in the development of AI chatbots. The chatbot’s AI capabilities make it a valuable resource for those seeking information on a wide range of topics, making it a must-have tool for anyone looking to stay up-to-date on the latest news and information.

Why did Alphabet stock drop?

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The recent loss in Alphabet shares has had a significant impact on the company’s stock price, with shares falling from their previous high. Despite this setback, the company’s stock price is expected to recover in the coming days and weeks as investors begin to regain confidence in Alphabet and its AI chatbot Bard.

Alphabet has a long history of stock splits, with the company undergoing several stock splits in the past. These splits have been well received by investors and have contributed to the company’s growth and success.

Despite the recent setback, the share price target for Alphabet remains positive, with analysts forecasting continued growth for the company. This positive outlook is based on the company’s strong financial performance and its continued investments in AI technology, including its AI chatbot Bard.

Alphabet Share Price in the USA

The recent loss in Alphabet shares has had a significant impact on the company’s stock price in the USA, with shares falling from their previous high. However, the share price is expected to recover in the coming days and weeks as investors begin to regain confidence in Alphabet and its AI chatbot Bard.

Google’s AI chatbot Bard has generated a lot of excitement in the tech community since its launch. The chatbot’s advanced AI technology has made it a valuable tool for those seeking information on a wide range of topics, from finance and technology to sports and entertainment.

Google launched Bard on a limited basis in late 2022, and the chatbot has quickly become one of the most talked about AI technology advancements of the year. The launch of Bard marked a major milestone for Google, as it showcased the company’s continued commitment to the development of AI technology.

BARD’S AI capabilities

As AI technology continues to evolve and advance, chatbots like Bard have become increasingly popular and in deevolves and advancesbilities, Bard has quickly become one of the most talked-about chatbots in the tech community. In this blog, we will take a closer look at Bard’s AI capabilities and what makes it stand out from other chatbots on the market.

Google has made a demo of Bard’s AI capabilities available to the public, allowing users to test the chatbot’s abilities and see for themselves just how advanced its AI technology is. The demo has received positive reviews from users, with many praising the chatbot’s quick and accurate responses to a wide range of questions.

Google’s AI bot Bard is one of the most advanced AI chatbots currently available, and it has quickly become a valuable resource for those seeking information on a wide range of topics. The chatbot’s advanced AI technology has made it a must-have tool for anyone looking to stay up-to-date on the latest news and information.

Conclusion

In conclusion, while the incident with Google’s AI chatbot Bard may have caused a significant loss in Alphabet shares, it is important to remember that AI technology is still in its early stages of development. As AI technology continues to advance, it is likely that we will see more incidents like this, as the technology is put to the test in real-world scenarios. 

However, it is also important to remember the potential benefits that AI technology can bring, and to continue to invest in its development. With continued investment and development, we can expect AI technology to become even more reliable and advanced in the future.