Google is facing a bigger threat from Sam Altman's OpenAI even as it awaits a decision on how antitrust regulators in Washington plan to level the playing...
- Google is facing a bigger threat from Sam Altman's OpenAI even as it awaits a decision on how antitrust regulators in Washington plan to level the playing field in the internet search business.
Google has long been synonymous with search, commanding around 90% of the global market share and bringing in about $175 billion in annual revenue through the business. Even Apple, which prefers to build all the software and much of the hardware that goes into its devices, has allowed Google to be its default search engine for a handsome fee.
Microsoft-backed OpenAI said last month it was also breaking into the search game with a slow launch of SearchGPT, an AI-powered search engine with real-time access to information from the internet.One former senior Google executive predicted, "AI is going to move faster than the speed that DOJ can move against Google. The whole monopoly will be over, in other words, the speed at which AI will take over search.
"The biggest threat to Google may be Google itself - key to adoption of any AI is trust, and its original missteps with Search Overviews showed that Google's engineers were focused more on rapid releases than getting it right as it tries to keep up with the pace of OpenAI and others," said Rebecca Wettemann, CEO and principal analyst at research firm Valoir.
While the antitrust ruling may not have a big impact on Google yet, it should open the search market up for more players, said Richard Socher, CEO and founder of AI search engine startup You.com and former chief scientist at Salesforce."No one has really made a big dent into Google search dominance yet ... we'll have to see if this will be yet another domino piece that will fall into place to actually give consumers some more choices, real choices.
The transit route for Russian gas deliveries to Europe via Ukraine is still functioning, Ukrainian energy minister German Galushchenko said on Thursday after reports of hostilities at the Sudzha gas transit station. He said Ukraine had not been contacted by Russia about the situation with gas transit.
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