To counter ChatGPT, Google has released the Bard AI chatbot
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Brand Management | Digital Marketing Agency
The introduction of the Bard AI chatbot by Google is an interesting development in AI chatbots, particularly in response to the widely popular ChatGPT by Microsoft-backed OpenAI.
According to a report by CNBC, Google announced the release of Bard on February 6th, 2023, to test the chatbot's capabilities against those of ChatGPT.
While there isn't much data yet on Bard's performance, it's clear that Google is taking AI chatbots seriously as an important tool in its product lineup.
Chatbots
According to a report by Android Authority, Google's Bard AI is designed to complement the company's search engine, similar to ChatGPT's function. The chatbot is based on Google's LaMDA language model, similar to ChatGPT's GPT-3.5. This means that the two AI chatbots are built on similar technology, and may have similar capabilities.
Despite being a new entrant in the AI chatbot space, Bard has received significant attention from industry insiders and the media.
For example, a report by The New York Times notes that Google is racing to respond to ChatGPT, which has "wowed millions of people" since its release.
Similarly, a report by Tom's Guide notes that ChatGPT and Bard are two of the "big contenders for the top chatbot." Given the interest in AI chatbots, we'll see more products like Bard and ChatGPT emerge in the coming years.
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However, not all news about Bard has been positive. NPR reports that shares of Google's parent company, Alphabet, dropped 9% following an incorrect answer from Bard. This incident highlights the challenges of developing reliable AI chatbots and underscores the need for ongoing testing and development.
Benefits
Despite these challenges, the use of AI chatbots is growing rapidly in various industries, including customer service, marketing, and healthcare. In a report by Forbes, it's noted that the adoption of AI chatbots is growing at a CAGR of 24.3%, with the market expected to reach $10.08 billion by 2026. This growth is driven by increasing demand for 24/7 customer service and the need to reduce costs.
Given the growing importance of AI chatbots, it's no surprise that companies like Google are investing heavily in their development. A report by CNBC notes that Google is asking its employees to test possible competitors to ChatGPT, including Bard. This kind of testing is critical for improving the performance of AI chatbots, as it allows companies to identify and fix issues before the products are released to the public.
Overall, it's clear that AI chatbots like Bard and ChatGPT are an important area of focus for companies like Google. While there are still challenges to overcome, the potential benefits of AI chatbots are significant, including improved customer service, reduced costs, and increased efficiency. As the market for AI chatbots continues to grow, we can expect to see more products like Bard emerge and more companies invest in their development.
As for the current status of Bard and its performance compared to ChatGPT, it takes time to draw definitive conclusions at this point. However, reports suggest that Bard is built on similar technology to ChatGPT, and that Google is taking AI chatbots seriously as a competitive product. In the coming months and years, we'll likely see more data emerge on how these two chatbots compare performance, reliability, and user satisfaction.