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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks

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To: Elroy who wrote (1909)12/4/2023 1:49:53 PM
From: petal  Read Replies (1) of 1931
 
I'm extremely unenthusiastic regarding AI generally. What I see in ChatGPT is a better way to do advanced search queries.

If, for example, I am wondering: "Why was the Black Death much more deadly than earlier outbreaks of Yersinia pestis such as the Plague of Justinian", Google will give me a list of links/articles. Suggested reading, basically.

GPT, otoh, will give me a list of concrete explanations to my question, usually quite insightful.

It is like having a professor in your pocket, knowledgable in all possible subjects.

Google, meanwhile, just points you in the general direction of the university campus when you want to learn something.

Search is still 99 % of GOOG's profits (right?). Unless they can make Youtube.com as profitable as Google.com is, I really don't see what can cover up for any loss of search revenue that GPT or similar products may cause.

I myself have mostly abandonded Google.com, except for very simple search queries. It took about a week, once I realized how superior GPT is. And I probably average around a couple of hundred search queries/day. To me, GPT is Google 2.0.
As a Google investor, I fear that there are others like me. As a result, I have sold almost 100% of my Google position.

Granted, most Google searches are very simple. And the fact that the number of Google searches went up when ppl downloaded Edge in order to use GPT in Bing –– Edge also has Chrome as standard choice of search engine... –– perhaps says it all. searchengineland.com

Still, I'm too uneasy about the new possibilities here, and GOOG's apparent inability to invent.
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