ChatGPT's Viral Success Has Google Playing Catch-Up
While OpenAI's ChatGPT shakes up the language modeling industry, Google takes a measured approach.
avatar
Staff or Guest writer for The Dog of Wall Street.
2023-01-14 11:30

It's been just over a month since the world was introduced to ChatGPT, but boy, has it made headlines! The internet is buzzing with talk about the impressive capabilities of this OpenAI-powered chatbot. It's no surprise that it's quickly become a viral sensation, putting the cloud infrastructure that enables its operation to the test.
ChatGPT's Viral Success Has Google Playing Catch-Up
According to a recent report from CNBC, Alphabet CEO Sundar Pichai and Google's Head of AI, Jeff Dean, discussed the ChatGPT phenomenon in a meeting with employees. When asked if the OpenAI program could be a "missed opportunity" for Google's search engine, Pichai and Dean made it clear that the company is still in a wait-and-see mode when it comes to this technology.

Pichai and Dean emphasized that, as a large, established company, Alphabet ($129.27|-1.96%) must take a more conservative approach to the adoption of AI language models due to the potential "reputation risks" involved. However, they also made it clear that Google is actively working to develop this technology and turn it into real products that can be used by the public.

It's worth noting that Google is no stranger to the field of conversational bots. The company has devoted a lot of resources to training large language models that are on par and even superior than GPT-3.5, such as MUM and LaMDA. However, Google has been more cautious in making the capabilities of these models available to the public.

The field of advanced language models is still very much in its infancy, and there are still a lot of unknowns when it comes to the potential risks and limitations of this technology. It's clear that companies like Google are aware of these issues and are taking a careful, measured approach to the adoption of these tools. While the idea that these models could replace traditional search engines is certainly intriguing, it's important to remember that there are still a lot of unknowns when it comes to the capabilities and limitations of these models.

In conclusion, language model technology has advanced significantly and holds a lot of potential for future development. Google, with its experience and expertise, is taking a cautious approach, and being strategic in keeping their cutting-edge models such as MUM and LaMDA under wraps for the time being.


Disclaimer: I have no positions in any of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. All information should be independently verified and should not be relied upon for purposes of transacting securities or other investments. See terms for more info.

Rate this article

positive
negative
Published On
2023-01-14 11:30

avatar
About the Author
Staff or Guest writer for The Dog of Wall Street.

$129.27
-$2.59-1.96%
Perf. YTD44.55%
52W high-8.46%
52W low52.33%
PE Ratio26.93
MKT Cap1.63T
Other:  GOOG

Analyst Ratings
Target Price$127.8
# of Analysts44
Last updated2022-12-09

buy-coffee
You've read 1 article in the last year
..thank you for supporting us and for visiting our site. Unlike many other sites, The Dog of Wall Street is available for everyone to read. Our focus is to provide great content for free. Do you like what we are doing? Buy us a cup coffee. It is the fuel that keeps us going..

2 Earnings Misses to Buy Now
Every quarter, there are always a few companies that are punished for their earnings.
By Mike Sakuraba | 3 weeks ago

2 Fintech Stocks to Buy After Impressive Earnings Calls
Here are two stocks that stood out to me as buying opportunities after their recent earnings calls.
By Mike Sakuraba | 4 weeks ago

Apple Earnings: Is the King Still the King?
But there might be signs that the king is losing a bit of his lustre.
By Mike Sakuraba | 4 weeks ago

Solar Stocks or EV Stocks? Which Am I Buying?
In a high-interest rate climate, both EV and solar stocks are underperforming, with major companies like Tesla and Enphase facing challenges, making neither an immediate attractive investment.
By Mike Sakuraba | 1 month ago

Big Tech Earnings Are In: What Did We Think?
If the market is ever going to reverse course it will be on the strength of big tech.
By Mike Sakuraba | 1 month ago

Can Big Tech Save the Markets Next Week?
Meta and Amazon Are My Top Picks.
By Mike Sakuraba | 1 month ago

Tesla Stock After Earnings: Something has Changed
What do we do with Tesla stock from here?
By Mike Sakuraba | 1 month ago

Is Palantir a Trillion Dollar Company?
Why do I think it can continue to grow into one of the largest companies in the world
By Mike Sakuraba | 1 month ago