Just after the launch of ChatGPT, people who are interested in artificial intelligence have shown a great interest towards the application. That’s why almost all companies have decided to work on it and launch their chat boat in the Marketplace. Google is also on the list of companies currently working on chatbots or chat GPT. Also, they have already launched their product Bard on the Marketplace. Though they have presented it to the market, it is very important for them to stay on the market as they have already started the cutoff process in the whole employment process of the company. But the decision regarding the launch of the application did not go well for this company. According to their officials, this will be one of the company’s biggest mistakes in launching this kind of application to the market. As per the decision of the company as well as the information of the company, they have a huge share fall regarding this launch.
On Wednesday, Alphabet’s parent company’s shares fell more than 7%, reducing the company’s market worth by $100 billion (£82 billion). According to the marketing experts, this will be a huge loss for the company, and this is a factor that will make a huge impact on the company too. As Google has already started employee layoff, this is going to be one of the most necessary events that are taking place in the Marketplace. As a result, this is going to be another bad news for the employees of the company that they can also face situations like again cut off.
Google has come under fire since the release of new ChatGPT software by Microsoft-backed OpenAI in late 2017. It quickly went viral for its ability to ace business school exams, write song lyrics, and respond to other inquiries.
Microsoft announced this week that an updated version of its Bing search engine, which has long lagged behind Google, would make even more sophisticated use of the ChatGPT technology.
As a whole, it can be said that chat GPT, as well as other chatbots that will be launched in the market, will face huge competition in the Marketplace, and every company will lose something in their company when they launch the bot.