Google BARD is an AI-powered chatbot that will respond to queries, just like ChatGPT.
Google states that BARD will use online information to respond to a query.
This means that BARD will have a vast content repositry as compared to Open AI's ChatGPT, which is able to fetch content prior to 2021. Thus, BARD may be have the upper hand in this area.
Here's the catch: Currently, Google's BARD is available to selected users for testing while Open AI's ChatGPT has already surpassed 2 million subscribers in just 2 months.
It's highly unlikely that the development of BARD AI will mark the end for GPT-3 or other language generation models like it.
Rather than being in competition, these models can complement each other and contribute to the advancement of AI.