Why Google execs are nibbling their nails over ChatGPT
December 28, 2022
Android Headlines
ChatGPT is a next-generation chat bot app produced by the OpenAI research lab, and some say it could disrupt an array of business processes and offerings in the way the web browser, iPhone and, ironically, Google’s search engine once did. We say ironic because, following ChatGPT’s release a few weeks ago, Google management issued a “code red,” signaling serious concern that the new app could largely replace the need for traditional search results — thus, disrupting the disruptor. The AI-driven ChatGPT app is able to answer questions in simple sentence form, potentially obviating the need to scan through search listings and, consequently, destroying the market for search ads.
Recent News
-
Brands Embrace AI to Revolutionize Customer Experience
In a bid to enhance customer interactions and reduce the drawbacks of live customer service, brands are turning to AI solutions, from chatbots to innovative food delivery robots. Home Chef, a meal-kit-delivery service, employs the virtual assistant Herb to streamline…
-
Tesla’s Growth Slowdown Sends Warning Signals to Electric Vehicle Industry
Morgan Stanley analyst Adam Jonas suggests that Tesla’s recent tempered growth expectations indicate potential challenges for the broader electric vehicle (EV) industry. Following Tesla’s disappointing third-quarter results and cautious earnings call, Jonas believes there’s a ripple effect across the EV…
-
Housing Market Faces Continued Affordability Crisis as Mortgage Rates Near 8%
The housing market in the United States is witnessing its most challenging phase in years, with mortgage rates inching toward 8% and prices soaring for three consecutive months. Data reveals that September experienced the lowest housing sales in 13 years….
-
Elon Musk’s X Plans New Paid Subscriptions Amid Reports of Declining Web Traffic
Elon Musk’s X is set to introduce two new subscription tiers despite reports of a significant decline in web traffic. The Tesla CEO shared on X that one tier would be lower cost with all features but no ad reduction,…