Alphabet shares dropped 7% after Google's new AI bot provided an incorrect answer in a promotional demo.
The incident comes as Google's parent company strives to become a global leader in the AI industry.
- On Monday, Google unveiled Bard, its new Artificial Intelligence (AI) powered chatbot.
- The announcement was followed by a promotional demo showing Bard answer a series of questions.
- In
one of the responses, Bard falsely claimed that the James Webb Space
Telescope took the first picture of a planet outside the earth's solar
system.
- The European Very Large Telescope took the first photograph of an exoplanet in 2004.
- "Why didn't you fact-check this example before sharing it?" tweeted Chris Harrison, an astronomer at Newcastle University in the U.K.
- Google released Bard to compete with ChatGPT, a successful AI program developed by Microsoft-backed OpenAI.
- Alphabet announced plans to lay off 12,000 employees last month, reducing its workforce by about 6%.
