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Shares of Baidu fell 10%

Shares of Baidu, a Chinese technology camp that has built a reputation as the country’s largest search engine. During yesterday’s trading (March 16), it fell 10%.

After investors were disappointed that they didn’t see the real use of Ernie Bot, a chatbot program developed. to stick to such technology trends. Although Baidu CEO Robin Li took to the stage to demonstrate the use of Ernie Bot himself by asking and then summarizing the plot of the famous Chinese science fiction novel The Three Body Problem.

Solves mathematical equations and also pronounces Sichuan and Hakka Chinese. (or what Thai men call Hakka Chinese). But these Ernie Bot operations are pre-recorded video footage. It is not a live response. if actually used.

Baidu’s CEO then responded in a sympathetic way that even Ernie Bot still has some flaws. But it works similarly to Microsoft’s ChatGPT from the first to the latest version.

It claims 650 companies are interested in using it, and Baidu will use it to optimize under-the-roof technologies such as cloud and EV systems. The move made Baidu the first Chinese tech company to develop intelligent chatbots, shortly after Microsoft’s ChatGPT garnered buzz for its revolutionary capabilities. It caused a new round of competition among technology companies. both between large companies in western countries Especially in the United States, which began to be seen after Google sent Bard A.I. to fight ChatGPT. and between the United States and China The latter is led by Baidu’s recently launched Ernie Bot.

As for the issues that must be followed up from this point on How much more intense will these competitions be? And what developments will come out to call for more hilarity?

On the part of China, there is a separate issue to follow whether the development of Chatbot will meet the restrictions on censorship of the Chinese government in the organized era or not.

Source: theguardian.com