In case of controversy over AI chatbots, is Google still worth buying??
In the competition with Open AI, Google has clearly fallen behind, coupled with image generation problems, advertising business is not as expected and other factors, the company's share price has declined。
At a time when generative artificial intelligence is on the rise, Google's parent company Alphabet has been claiming to be a leader in artificial intelligence.。But with the explosion of generative artificial intelligence, it has been discovered that Google's claimed leading position is watery, which also poses some challenges to its stock.。
As of last Friday (March 2), Google shares have fallen 2% this year.。In February, the company's share price fell on the news that OpenAI would enter the Internet search competition, and the market began to worry about Google's new round of competition.。
Subsequently, Google became embroiled in the controversy over the generation of human images by its generative AI chatbot.。Many users have found that Google's AI chatbot paints images of celebrities as people of color.。
Amid the ferment of public opinion, Google acknowledged the existence of "certain historical depictions of inaccuracies" and announced that it would stop allowing users of its chatbot technology to generate images of human images.。Google CEO Sundar Pichai says the biased response of chatbots on race is' unacceptable'。
Meanwhile, Google shares saw a wave of selling due to its unsatisfactory fourth quarter results。Although Google parent Alphabet reported fourth-quarter earnings and revenue that beat market expectations, slightly lower-than-expected advertising revenue still raised market concerns。
However, there is some good news from Google。
Google said last month that YouTube had more than 8 million paid subscribers, compared to 5 million in 2022.。This makes YouTube the fourth largest Internet TV service provider。YouTube won the rights to broadcast the National Football League's (NFL) Sunday season last fall, fueling subscriber growth.。In addition, Google is starting to gain an advantage in competing with TikTok in the short video space。YouTube Shorts now generates about 70 billion daily views。
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