Shares plummet after Ernie Bot AI chatbot software falls short of expectations at unveiling in Beijing
The Chinese search engine company Baidu’s shares have fallen by as much as 10% after it presented its ChatGPT-like artificial intelligence software, with investors unimpressed by the bot’s display of linguistic and maths skills.
The AI-powered ChatGPT, created by the San Francisco company OpenAI, has caused a sensation for its ability to write essays, poems and programming code on demand within seconds, prompting widespread fears over cheating or of professions becoming obsolete.
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