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AI Models Have Hallucinations. According To Google’s Latest Gemini Model, The Firm Enjoys A “Virtual Monopoly” On Digital Advertising. But They Might Be Correct Occasionally

March 27, 2024
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CEO of Every Media Dan Shipper recently shared a video of himself experimenting with the 1.5 version of the Google Gemini AI models. Moreover, Jesse Beyroutey, a VC friend, participated.

They made an attempt to get Gemini’s assistance in selecting a stock to buy. It’s a startling glimpse into a future where consumers can exchange mountains of data with models through prompts and enormous AI context windows.

After grabbing a stack of firm earnings call transcripts and uploading them unprocessed to Gemini, Shipper and his friend asked a series of inquiries concerning those companies.

Gemini gave a perceptive response. The model answered in one segment of the video, providing a thorough evaluation of GoGo Inc.’s intentions to improve its in-flight Wi-Fi services.

However, a hot stock tip was what Shipper and his friend truly desired. Thus, they continued to put pressure on Gemini by requesting businesses to have specific attributes, like being located in a valuable bottleneck in the value chain and having a highly scalable business plan.

Following up, Gemini provided a list of stocks divided into three categories: scalable stocks, bottleneck stocks, and shockproof stocks.

The parent company of Google, Alphabet, was ranked #1 on the AI model’s list of suggested bottleneck stocks.

“Google controls over 90% of the global search market, giving it a virtual monopoly on online advertising,” Gemini stated.

This might be true. However, that’s not what Google wants its AI models to say. The Department of Justice is currently suing the business, claiming that Google maintains an illegal monopoly in the online search market.

Or was Gemini simply experiencing hallucinations?

About this, Business Insider enquired with Google. By which we mean that we made contact with a real individual in the company’s public relations department.

“We’ve been transparent that Gemini can sometimes give inaccurate or misleading information while presenting it confidently and convincingly,” a spokeswoman stated. “This is something that we are continuously improving.”

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