Can Gemini help Google win the AI race
Gemini’s demos are jaw-dropping.
It looks to be much more than an artificial intelligence (AI) chatbot.
It can do things like infer that a “dot-to-dot” picture is a crab before it’s even drawn… and create games (like guess the country) based on images you show it, as you can see here:
Google’s (GOOG) stock jumped 5% on the launch news.
As you probably know, I dislike Google as an investment. It squandered the huge advantages it had in the AI race and is getting its lunch eaten by OpenAI.
Does Gemini change things?
Nah.
When I was a kid, I remember trailers for new video games that looked awesome. But when you got your hands on the game, the graphics weren’t nearly as good as expected.
Google pulled the same trick to make Gemini look more impressive than it is.
The demo is essentially fake. It wasn’t carried out in real time — by talking to the AI — or showing it images, as the video suggested. It was basically a stitched-together highlight real.
Gemini should come with a “DOES NOT WORK AS ADVERTISED” label.
Google also claims Gemini matches the latest ChatGPT on a variety of tests. Great job, guys. You launched an AI model that’s similar to the one OpenAI built nearly a year ago.
Another “L” for Google.
Sticking to my guns on this one: Google has grown too fat and lazy to innovate.
Today, Google enjoys a monopoly over search and rakes in monopoly-like profits. Even if it figures out how to be competitive in AI, it won’t enjoy such a privileged position.
Invest accordingly.
This post first appeared on the RiskHedge blog https://www.riskhedge.com/post/another-L-for-google ***
