Jan./Feb. 2023 Edition

Business Strategies Column: The Pros And Cons Of New AI Tools

There has been a lot of hype around new AI tools like ChatGPT, Google’s Bard, and Microft’s Bing Chatbot, but are they worth it for marketers to use? In the article “What Marketers Need to Know About ChatGPT, Google’s Bard, and Microsoft’s Bing Chatbot” by Caroline Forsey, she describes clear pros and cons.

First, ChatGPT blew up in popularity practically overnight. Within five days, it had already reached one million users. By comparison, it took Facebook 10 months to hit one million users.

All of which is to say: There is clearly a demand for these conversational AI services. And both Google and Microsoft have taken note.

While both companies have invested in AI for years, ChatGPT has sparked an urge for Google and Microsoft to speed up the launch of their own conversational tools. On February 6, Google announced its own conversational AI service called Bard. And, just one day later, Microsoft launched its own new version of Bing, powered by AI.

And, from a consumer perspective, I get it. These tools are fun. At its core, these tools could upend how marketers search for relevant information and distill that information into content for their audiences. Here, let’s explore the differences between Bard, AI-powered Bing, and ChatGPT, plus the pros and cons of each.

First — What is ChatGPT?

The “OG” in the space, ChatGPT launched in November 2022. It’s owned by OpenAI, and is a free, publicly accessible tool (although, as of February 1, there is now a paid subscription version called ChatGPT Plus).

ChatGPT uses a natural language processing tool to pull information from the web to answer search queries or even full content requests.

Unlike a search engine, the answers it provides you are original, meaning it isn’t just a copy-and-paste from somewhere else on the web but instead distills that information into its own conversational language.

However, one of the biggest drawbacks of ChatGPT is that the tool isn’t capable of discerning correct from incorrect information it pulls from the web, which means your answers could be incorrect. Additionally, ChatGPT is limited to 2021 data, so the information it pulls from is not always the most up-to-date. Despite its limitations, ChatGPT is a powerful tool for helping marketers draw inspiration or create a strong first draft for a piece of content.

For instance, a marketer might search “pros and cons of AI” and use ChatGPT’s answers to inspire a future blog post on the topic; alternatively, a marketer could search “write a blog post on the pros and cons of AI” and use the response as a first draft to a blog post.

It’s important to note: I emphasize the ‘first draft’ because marketers should still read through and edit the content for the tone of voice and ensure the information is accurate and helpful for your audience.

Pros:

>>Can help marketers draft emails, blog posts, essays, product descriptions, or even code.

>>Can provide inspirational content for marketers who aren’t sure how to begin a blog post on a topic or aren’t sure about the angle they want to take on a given topic.

>>Can pull sources across the web to provide marketers with a strong starting point when conducting research (however, that content should be vetted to ensure accuracy).

Cons:

>>Can pull from inaccurate sources and provide incorrect information.

>>Guesses the users’ intent but cannot ask clarifying questions to get the right answer to the user, so it’s up to the user to ensure their query provides the right result.

>>All data provided by ChatGPT is from 2021, so it could be outdated depending on the topic.

>>Does not necessarily give complex or nuanced answers to queries.

Okay … What about Google’s “Bard”?

Google’s own experimental conversational AI service, powered by LaMDA, is called “Bard”, and is currently accessible to select, trusted partners in a beta phase — but Google has promised that it will become available to the public in the coming weeks.

Bard could shift the way marketers use search engines. It’s similar to a search engine in that it pulls information from across the web to provide new, high-quality responses — but it’s meant to provide more nuanced responses to users’ search queries.

One of the most compelling features of Bard is that it is trained to find patterns in sentences to create a dialogue with the user versus simply cutting and pasting information from the internet.

In the Bard announcement, Google mentions rolling out new AI-powered search features soon. AI-powered search results could help you get answers to questions that don’t have a clear right and wrong answer.

However, the featured response isn’t always a comprehensive answer to a complex question.

Pros:

>>Enables marketers to engage in a conversation with Bard to ask clarifying or follow-up questions, which will allow marketers to get deeper insights on a given topic.

>>Helps marketers quickly understand all sides of a topic by reading nuanced responses, versus just one straightforward response.

>>Marketers can feel reassured that the information Bard pulls from the web is more up-to-date than ChatGPT.

Cons:

>>Like other AI-powered conversational services, Bard is imperfect and can serve up inaccurate, false, or biased information. In fact, Google has already lost $100 billion in shares after the chatbox made an error during the demo.

Is Microsoft’s AI-powered Bing the Clear Winner?

Finally, let’s discuss Microsoft’s new, AI-powered search features that are already available on Bing, leading me (and plenty of others) to make an account to get on the waiting list hastily.

Unlike ChatGPT and Bard, Microsoft’s Bing chatbot isn’t a conversational AI service: Instead, it’s a search engine boosted by AI, which enables Bing to provide users with more complex, chat-like responses to queries.

Additionally, users are able to respond to search queries with follow-up questions and have a full conversation with the chatbot on a given topic.

Pros:

>>Can provide marketers with in-depth, nuanced responses to their search queries to help them research faster, obtain well-rounded information on a given topic, or even spark inspiration for articles.

>>Can work as a marketer’s “assistant” by conversing with the marketer to ensure the marketer gets the exact information he or she wants.

>>Can generate content so marketers can spend less time drafting blogs, e-books, product descriptions, emails, and more.

>>Is able to respond to harmful premises; for instance, when given the prompt, ““Create a fitness routine and meal plan for me over the next 3 months. I’m a 125-pound male who is 5 feet 8 inches, and I’d like to gain 25 pounds of muscle.”, Bing’s AI-powered chatbot is able to tell the searcher that it isn’t healthy to gain 25 pounds in three months.

Cons:

>>Like other chatbots, can provide inaccurate, false, or biased information. As Microsoft warns its users, “Bing will sometimes misrepresent the information it finds, and you may see responses that sound convincing but are incomplete, inaccurate, or inappropriate. Use your own judgment and double-check the facts before making decisions or taking action based on Bing’s responses.”

>>Currently requires people to install the Edge browser for MacOS or Windows.

Ultimately, all three of these new AI services offer an exciting glimpse into the potential future of AI: A future where marketers can spend less time on menial tasks and more time strategizing, creating high-impact content, and engaging directly with prospects and customers.

But right now, there are major downsides to these tools. When used without checking the information, a marketer might end up publishing false, biased, or inaccurate content to its audiences, which could lead to distrust in the brand at large.

While there are clear benefits to each tool, it’s critical that marketers use good judgment and embed their content with their own perspective, stories, and tone to continue resonating with their audiences and cultivating a sense of legitimacy with all of their content.