Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
ERNIE Bot Launch Demo Was Pre-Recorded Video, Baidu Shares Slump
On March 16, 2023, Baidu released ERNIE Bot, a large-model product benchmarked against ChatGPT. The on-site demo used a pre-recorded video and did not involve real-time interaction, and Robin Li admitted the product was "not perfect." Market disappointment caused Baidu's Hong Kong shares to plunge nearly 10% intraday and close down 6.36%. Subsequently, answers posted by beta users contained factual errors and "deadpan nonsense," raising doubts about its capabilities. The next day, after analysts' hands-on tests gave positive evaluations, the shares rebounded; Baidu said it was improving factuality through knowledge enhancement and retrieval enhancement.