Baiduthe Chinese internet giant, has delivered on its promise to launch an artificial intelligence (AI)-powered chatbot, but only half-heartedly. Ernie Botthe name of his platform, failed on his first demo,
As a report published on the website of computer today, the company’s goal is to compete with ChatGPT. She introduced Ernie in a pre-recorded video, which disappointed those hoping for a more convincing introduction.
While Baidu claimed its chatbot was going to be more “powerful” than OpenAI’s, merging Ernie Bot with its search engine, that was not made clear in the presentation, which was based on a scripted video of interactions with the AI and prompting that The company’s shares fell by as much as 10 percent in Hong Kong trading, losing $4 billion in value..
Unmatched by ChatGPT
The reactions were swift. Yu Yingbo, chief investment officer at Shenzhen Qianhai United Fortune Fund Management, opined: “It doesn’t cite anything about the database they’re pulling from, or their model, or how it compares to ChatGPT. It’s all really vague and theoretical”.
For his part, Willer Chen, senior analyst at Forsyth Barr Asia, said: “The stock moves show that investors are disappointed with the launch of Ernie Bot as the demo was pre-recorded. Not much exciting going on since launch”.
On the Baidu side, the founder and billionaire robin liexplained: “I can’t say we’re completely ready. Comparing Ernie Bot to ChatGPT, or even GPT-4, is a very high bar”.
“None of the big tech companies globally have done it (compete with ChatGPT. Baidu is first”adds Li, who categorized Ernie Bot after his experience testing the AI as “Is not perfect”.
Baidu planned to launch Ernie Bot in March, but it looks like it will have to wait for its arrival in the Chinese market to make improvements to the chatbot.