... for the management of Google that is so eager to present AI results that Prabhakar Raghavan proudly reported to a press crowd telling his daughter about James Webb photographing a planet outside the solar system. This is generally accepted as having resulted in a 10% drop in the Google stock price over 2 days.

(the key being this never happened, and won't ever happen: the James Webb telescope doesn't have even 1/1000th of the resolution necessary to resolve an extraterrestrial planet)

https://www.reuters.com/technology/google-ai-chatbot-bard-of...

https://www.wired.com/story/google-openai-gemini-chatgpt-art...

https://www.popsci.com/technology/google-ai-in-paris/

I wish I could say this only happened once.

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icepush 4 hours ago | parent [-]

It dropped 10% ... but then it got better

	▲	spwa4 an hour ago \| parent [-]
		It went from 108 to 95. It didn't even recover for 2 months and 2 weeks (the next - spectacularly good - earnings were just barely enough to make the stock achieve 108 again ... for a second (well, 2 days, 1 if you don't count after hours). It really took close to 4 months. And nobody really knows if it wouldn't have been 10% higher forever without that particular senior management fuckup in AI. And it would be FAR from their last AI fuckup. In fact, the Kimi K3 release, which extremely likely cancelled the Gemini 4 pro rollout (probably because Kimi K3 outperforms not just Gemini, but Gemini 4 pro as well. So in case you're looking to now ask "which Gemini did you mean there?", the answer is ALL OF THEM, very likely including unreleased Gemini models) It outperforms the fucking ASR model Google uses, which is presumably also a Gemini derivative. This, by the way, cost Google stock ANOTHER 10%, last week.