Google had an embarrassing AI demo causing Alphabet's stock to tank while AI-related tokens went on tear. At least for the time being, it seems like AI's primary financial use case is still speculation, danielgkuhn writes. Opinion.
representing some $4.63 billion in value. The total index is up 87% in the past seven days alone, with some specific tokens seeing triple digital returns.
This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullMuch of this recent action was kick-started by the release of OpenAI’s ChatGPT, a chat platform some are convinced, designed to measure whether a machine can be taken for as a human. The tool is impressive – it can write smart contracts, compose poetry and is threatening Google’s monopoly on search.
But look no further than Google’s response to OpenAI to see some of the challenges AI has yet to surmise. Today, in a livestream from Paris, Google showcased its own AI chatbot called Bard , which among many things also “hallucinated” that James Webb Space Telescope took the first photo of an exoplanet . Investors were seemingly less than impressed.
Bard is expected to be rolled out across Google’s technology suite within weeks, possibly in much-used apps including Google Maps and search. The threat of AI has reportedly scrambled Google co-founders Larry Page and Sergey Brin back into action after stepping back from daily activities years ago. And while there are technical hiccups to overcome, it seems possible artificial intelligence could lead to a new age of innovation.
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