ChatGPT Highlights An Emerging Threat To Google’s Search Business – Seeking Alpha
Summary
- Artificial intelligence may change the search landscape in a way that doesn’t benefit Google.
- Certain tasks may migrate from being search-driven to being answered by AI-based tools.
- Google may be able to capitalize on this trend and are investing in AI, but they have more to lose than gain.
- Despite declining valuations in recent months, Google is not cheap in absolute terms if the risk of AI disruption becomes a key narrative for the stock.
In technology, occasional seismic shifts can change the landscape. We may be seeing one now, with artificial intelligence based tools. ChatGPT is the most recent example. It has been described as “scary good” and “stunning” to academics”. You can try it for yourself here.
This technology may replace various user scenarios that previously started with the Google search box. This presents a risk to Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) that isn’t necessarily reflected in the current stock price today.
What Is ChatGPT?
ChatGPT is a chatbot…
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source: https://news.oneseocompany.com/2022/12/06/chatgpt-highlights-an-emerging-threat-to-googles-search-business-seeking-alpha_2022120637107.html
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