Article on Reuters said that Google has launched its chatbot Bard to the public in the US and UK, inviting users to join a waiting list for English-language access to the program. The chatbot, which was previously only available to approved testers, is described as an experiment in collaboration with generative AI, a technology that uses past data to create content. Google is seeking users and feedback to compete with Microsoft in the fast-moving race on AI technology. The companies are putting AI into more users' hands, with the aim of reshaping how people work and winning business in the process. Despite recent announcements by both companies, Google says its focus is on users rather than competitive dynamics.
So far so good for Google. The rest of the article reported that during a demonstration, Google's chatbot Bard was shown to produce blocks of text instantly and provide users with three different versions or drafts of a response. It also includes a "Google it" button for users who require web results. However, unlike ChatGPT, Bard is not capable of generating computer code, and its memory of past exchanges has been limited, and Google has not yet used Bard for advertising purposes. Accuracy remains a concern, with a Google pop-up warning that Bard will not always get it right. During the demo, Bard made a few mistakes, and Krawczyk highlighted the limitations of the technology and the need to be deliberate in rolling it out.
What I learned from all of this is that Bard will need more time to learn, to be actually competitive to ChatGPT. However, with AI you never know, as it is learning on the run, continuously. And because I know the company, I have decided to go on and buy some shares of Alphabet. They have proven history, and most importantly, they are company with good plans and always striving for better.
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* Past performance is no guarantee of future results.
Link to a 5 year chart: https://www.investing.com/equities/google-inc