Baidu shares fall after disappointing AI chatbot debut

CHINESE search engine company Baidu’s shares fell as much as 10% today after the company unveiled its ChatGPT-like AI software, with investors unimpressed by the bot’s display of linguistic and math skills.  

The artificial intelligence-powered ChatGPT, created by San Francisco company OpenAI, has caused a sensation for its ability to write essays, poems or programming code on demand within seconds, sparking widespread fears of cheating or of professions becoming obsolete.