Videogame stocks slide after Google's Project Genie AI model release
Summary
The article reports New York City's plan to shut down a government AI chatbot after concerns it provided inaccurate and potentially illegal guidance to businesses, tying the move to a broader budget strategy. It details the bot’s cost, documented missteps in 2024, and subsequent defenses before the decision to deactivate. The piece uses this case to critique government AI projects and emphasize accountability and cost-control.