Snapchat chatbot launches, almost immediately tanks user ratings and stock price

Snap Inc might have something else to regret. (Source: Snap Inc)Snapchat’s latest feature, a ChatGPT-enabled bot, has been available to its users for seven days now. In that time, My AI has reportedly turned app-store reviews negative and gave the Snap Inc. share price a hammering. It is also persistently available in the chat service’s UI – unless you pay for it, that is. The results of Snapchat’s new partnership with OpenAI has been available to users since April 19, 2023; however, it is apparent that a number of those ~750 million individuals do not appreciate the the well-known messaging app’s new free feature by now. My AI’s roll-out has reportedly resulted in sharp declines in weekly average user-satisfaction ratings and parent-company’s stock price, although both have exhibited recovery since. Nevertheless, My AI apparently continues to be a source of discomfort for Snapchat users, with some complaining that the bot misrepresents the amount of personal data it uses (for example, it reportedly claims not to use location data (which, as Snapchat concedes, it does), then proceeds to recommend nearby businesses or services anyway). Furthermore, the bot is persistently available in the app’s main chat screen – except for paid subscribers
Read More