🚨 Google parent loses $70B in market value after ‘woke’ AI chatbot disaster
PLUS: GenAI Productionize 2024 – the one and only event on productionizing enterprise GenAI
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So grab your favorite beverage, find a cozy spot, and let's dive deep into the captivating world of AI. 😄
For today we cooked:
🚨 Google parent loses $70B in market value after ‘woke’ AI chatbot disaster
🚀 AI Startup Glean Valued at $2.2 Billion After Raising $200 Million
💯 JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’
🛒 Humane reveals the first international market for the Ai Pin, partnering with South Korea’s SK Telecom
(Read time - 5 minutes)
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🔥What is hot in the market? Fresh news from the oven
Quick look:
💲 AI Startup Glean Valued at $2.2 Billion After Raising $200 Million
🔥 JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’
💸 Microsoft made a $16M investment in Mistral AI
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Deep Dive:
🤖 Google parent loses $70B in market value after ‘woke’ AI chatbot disaster
Google's parent company, Alphabet, experienced a significant market value loss of over $70 billion in response to concerns over its "woke" chatbot's bizarre image creation and biased behavior. The incident has raised doubts among investors about the reliability of Google's AI tool.
💡 Highlights:
Market Value Plunge: Alphabet's stock sank 4.4%, resulting in a loss of over $70 billion in market value in a single trading day. Investors responded negatively to concerns regarding Google's chatbot and its production of factually and historically inaccurate images.
Unreliable Source for AI: Analysts warn that the chatbot's peculiar behavior might reinforce public concerns about Google's reliability as an AI provider. The Gemini chatbot's flawed performance raises questions about Google's hallucinations, bias, and its potential impact on user trust.
Offline Image Tool and Fixing Process: Google DeepMind CEO confirmed that the image creation tool of the Gemini chatbot would be offline for a few weeks to address the issues. The chatbot's feature is being fixed to align with its intended purpose, as it was not working as intended during its initial implementation.
Political Bias and Controversial Training: Critics argue that the biased behavior exhibited by Google's Gemini chatbot is a result of politically charged training by the company's AI experts. The controversy escalated when tweets from a Google Gemini product lead, allegedly containing politically biased statements, went viral, further fueling concerns.
💻 Prompt of the Week
Best Prompts for creating a mission statement for my company
1. You want to create a compelling mission statement for your company. Discuss the key elements you would include in your mission statement, such as defining the purpose and core values of your company, articulating the impact or value you aim to create for your stakeholders, identifying your target audience or market, outlining your long-term vision or goals, and expressing the unique qualities or competitive advantage that sets your company apart.2. Your company operates in a socially responsible industry and you want to create a mission statement that reflects your commitment to sustainability and social impact. Describe the elements you would incorporate in your mission statement to communicate your dedication to environmental responsibility, ethical practices, community engagement, or other relevant social causes that align with your company's values and objectives.3. You're in the process of redefining the direction and focus of your company. Discuss strategies you would employ to create a mission statement that resonates with your new company vision and goals, such as conducting a thorough SWOT analysis to identify your strengths, weaknesses, opportunities, and threats, involving key stakeholders in the mission statement development process, ensuring alignment with your target market's needs and aspirations, and clearly articulating your company's unique value proposition and differentiation.4. Your company wants to create a mission statement that fosters a positive company culture and inspires employees. Outline the elements you would include in your mission statement to communicate your commitment to employee well-being, professional development, teamwork, diversity and inclusion, or any other values that contribute to a positive work environment and attract top talent to your organization.🎞 Video of the week
Google AI launch turns into disaster: 'Absolutely unbelievable'
🎨 Image of the Week
Midjourney Prompt: Prompt: a silhouette of a Viking warrior atop a fjord, admiring the northern lights dance across the sky | vivid green and black hues Filters: Western Style (0.50)
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