A recent study from AI platform Vectara measured how often the leading AI systems “hallucinate” (make up answers).
Google’s (GOOG) AI hallucinated 27% of the time. It answered one in four questions “wrong.” ChatGPT’s hallucination rate was just 3%.
Big embarrassment for Google. I’m more confident than ever “peak Google” is in the rear-view mirror.
It won’t go bust tomorrow. The company has deep pockets and is spending a ton of money on AI.
But its stock could be dead money for a decade. I’d avoid it.