Google 's Bard announcement last week was meant to show that the company has similar technology as the popular ChatGPT chatbot, even though it still has ways to go before becoming product-ready, Alphabet Chairman John Hennessy said Monday.
Hennessy, who spoke on key trends for 2023, briefly touched on Google being caught in the sudden onrush of interest in ChatGPT and generative AI.
Last week, the company launched its response to ChatGPT in a conversation technology it is calling Bard.
However, the announcement had the appearance of being rushed to match Microsoft's inclusion of ChatGPT technology into its search engine, Bing, and investors punished Alphabet stock, sending it down 9% for the day.
Hennessy said Google was slow to roll out its ChatGPT competitor in part because it's still giving wrong answers.