When Haste Makes Waste: Understanding the Failed Release of Google AI Bard

This week, Ricardo talks about the difficulties inherent in presenting a new product to the consumer. As an example, he mentions the recent launch of the artificial intelligence tool Google Bard, which is a competitor to ChatGPT.

Incorrect information was provided in response to a child's question to the James Webb Telescope.

For Google and other large corporations, failure is costly from many perspectives, most notably in terms of credibility and market value (Google lost $100 billion).

Ricardo notes that Google likely spent time and effort developing this new AI engine because the company has very skilled workers. But he wonders if executives were pressured to speed up the product's launch.

The question is, from a projects point of view, what is the cost of releasing an immature version? How reliable will we be as a company? Sometimes we rush to market with an unfinished product, which can have serious consequences for us and our business.

Listen to this week's #5minpodcast to learn more.

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Episode transcript

The transcript is generated automatically by Podscribe, Sonix, Otter and other electronic transcription services.

Hello everyone. Welcome to the 5 Minutes Podcast. Today I like to introduce one more chapter of the saga of I Chat and why I'm doing this, because recently Google released its new chat bot. I would say the competitor of the ChatGPT that is owned by Openai that received a massive investment from Microsoft and I scrollbar and in the boot of this I to it did a big mistake. For example, what would you tell to a nine year old child about the James Webb telescope? One of the things that Bart said is that the James Webb Telescope was the first one to identify exoplanets. And this is not true because this was done in 2004 by the European Southern Observatory. So it was a mistake. And of course, you know, the Web does not forgive that. And this is why this podcast is about haste makes waste. Google is a brilliant I'm a huge fan of Google. I think Google packs probably the most brilliant minds in the corporate world today. They are brilliant. They are incredible software engineers, incredible project managers, extremely visionary people. And then we say, how on earth could they do a mistake like that? And what is the problem? It's because with the release of Gtb, Google was taken by surprise.

You know, suddenly when Openai brought GPT to, I would say as a mainstream, you know, to the masses, everyone can use it, force it Google to give a reply force at Google to say, you know, I need to show something. And when they showed something and this thing did a mistake, the impact, the dramatic impact of the failure could hurt dramatically. Google's strategy on AI, just to give you an idea. Alphabet lost more than $100 billion in market value, $100 billion. And why it lost. One of the key things, it's because people are not sure about Google strategy on AI, because if people start using chatbots to replace Google mechanisms, it can hurt dramatically Google's strategy on advertisement. And what is the relationship between this and project management? It's because every time we are releasing a product, every time we are releasing something that is fully embedded in innovation, we need to be aware that risks are coming pretty much at the same pace. We must understand that because if we think it's just a release and the product is ready and it's not ready, the risk you have of destroying everything is dramatically high. Do you remember when Apple released the Maps app on the iPhone? I would say years ago and it failed miserably.

People were making jokes and fun about the Maps app. Today, Apple was not able to recover and fully recover its map application. So I don't know. We need to see what will happen with this. I too, of Google. And this is a turning point and why I'm recording. I already recorded three episodes on technology and I because take a note, this will be one of the most disruptive things that we'll see in the upcoming years. This is like the release of the first iPhone. This is like the release of Amazon. When Amazon starts selling online, these will disrupt completely. How do we interact with machines and how do we manage projects? And when these I would say heavy competition comes into place, people do mistakes and brilliant people do mistakes. So be mindful all the time. When you release a product with the rush of making your presence in the marketing and the product is not ready yet, think about that. I hope you enjoy this podcast. Let's see what will happen in the next chapters and see you next week in another 5 Minutes Podcast.

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