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Chinese response to ChatGPT disappoints and lowers Baidu’s value

China and the disappointing response to ChatGPT. | Fountain: DALL-E

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ChatGPT He presented artificial intelligence and the opportunities it offers us in the eyes of the whole world.

At the height of the Cold War, when it comes to technology, China you don’t want to be left behind.

Giant Baidu introduced a competitor ChatGPTcalled Ernie Bot. Unfortunately, with not so positive results.

What happened to Chinese competitor ChatGPT?

The Chinese chatbot was officially shown at a presentation that lasted over an hour.

Ernie Bot must be Chinese equivalent ChatGPTdeveloped by an American company Open AIbut it doesn’t seem to be up to par.

Baidu showed pre-recorded videos Ernie Bot perform mathematical calculations, speak Chinese dialects, and generate videos and images based on text commands, specifies Reuters.

Video in Chinese.  Baidu CEO introduces Ernie Botha.

Video in Chinese. Baidu CEO introduces Ernie Botha. | Fountain: AFP

According to Cai Wang, an analyst at Morningstar, the presentation did not generate much enthusiasm.

“It looks like the presentation was more like a scripted monologue. This was not the interactive session that people were expecting. There was also no rough release date.”

Actions Baidu in Hong Kong they fell by 10%, and the company’s CEO held a presentation and closed at -6.4%. This meant a loss of value of $3 billion per equivalent. Google in China.

Unlike ChatGPTwhich can be used by anyone, Ernie Bot is available only to guests.

Source: RPP

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