Google founders gain $17 billion after A.I. search announcement; – Hoodline
Alphabet founders saw their on-paper net worth jump on news of Google’s introduction of a Search Generative Experience (SGE) powered by artificial intelligence (AI), as calculated by Bloomberg earlier today. The move could trigger great opportunity or a significant industry conflict as publishers worry about the potential loss of website traffic and financial implications, according to a CNBC report. This AI-based update may replace the traditional list of search results, or “ten blue links”, with AI-generated summaries and a few links at the top of the results page.
Although SGE is currently being tested with a select group of users and not widely available, publishers are expressing concerns that should SGE become Google’s default search experience, it may diminish the number of users visiting their sites and instead retain them on Google.com, as we previously reported. Furthermore, publishers are questioning whether they can prevent AI companies like Google from scraping their…
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source: https://news.oneseocompany.com/2023/05/12/google-founders-gain-17-billion-after-ai-search-announcement-hoodline_2023051244778.html
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