Home / Business and Economy / Google's Bard Flop Saved It From Court
Google's Bard Flop Saved It From Court
22 Nov
Summary
- Google's initial Bard AI rollout caused stock to drop 8%.
- A judge found Google illegally monopolized online search.
- AI competition was cited as a reason to lessen Google's penalty.
The initial rollout of Google's Bard AI chatbot in February 2023, marked by significant stumbles, is now being viewed by some venture capitalists as a fortunate event. This poorly executed launch initially led to an 8% drop in Google's stock value. However, the subsequent developments have presented an unexpected benefit for the tech giant.
More than two years later, a US federal judge ruled that Google had engaged in illegal monopolization of online search. Crucially, the judge also indicated that the impending competition from artificial intelligence would serve as a justification for Google not needing extensive business changes. The looming specter of AI was deemed sufficient to address the monopolistic issues.
This ruling suggests that even though Google appeared unprepared for the rise of AI like ChatGPT, the potential for AI-driven competition offers a vital defense. It may help Google avoid the severe business damage and distraction that a major monopoly judgment could have inflicted, effectively serving as a protective measure.
