PanamaTimes

Friday, Jul 26, 2024

ChatGPT, the scary-smart AI chatbot generating buzz around the internet, may pose a threat Google's ad business, says former exec

ChatGPT, the scary-smart AI chatbot generating buzz around the internet, may pose a threat Google's ad business, says former exec

The conversational chatbot is sparking debate over if the technology could replace Google and if it may hurt the tech giant's bottom line.
ChatGPT — the buzzy, conversational new AI chatbot created by OpenAI — could ultimately pose a threat to Google's ad business, a former Google executive told Bloomberg. 

Sridhar Ramaswamy, who led Google's ad team between 2013 and 2018, said that ChatGPT could "disrupt" Google's business model by preventing users from clicking on links with ads. These ads generated approximately $208 billion dollars, or 81% of Alphabet's overall revenue in 2021, according to data reviewed by Bloomberg.

The chatbot — which has amassed one million users in five days, Insider reported — streamlines the search process. Unlike Google, which displays a list of links relevant to the search made, ChatGPT spits out a single answer in a conversational, human-like way, synthesizing information from millions of websites.

"It's just a better experience," Ramaswamy told Bloomberg. "The goal of Google search is to get you to click on links, ideally ads, and all other text on the page is just filler." 

Google did not immediately respond to Insider's request to comment on ChatGPT's impact on the business. 

Ramaswamy's comment comes after AI research firm OpenAI launched an early demo of ChatGPT last week, sparking discussions over whether the tech will replace Google. It could offer another blow to Google as the search engine giant plans on laying off 10,000 employees in early 2023 to cut costs amid a tough economic climate, The Information reported. 

ChatGPT users have reportedly used the program to write a college essay, create a "Harry Potter" themed text video game, and even generate Mozart-inspired piano music, according to Insider.

But those who prefer ChatGPT's search approach over Google's may find that the bot is riddled with errors.

One user said that the bot wasn't able to fix coding problems correctly, The Verge reported. Another user put her 12-year-old daughter's English essay into the bot which generated an analysis that mistated that one of the character's parents had died, Bloomberg reported. 

As a result, Stack Overflow, an online discussion board for software developers looking for coding advice, temporarily banned answers from ChatGPT, ZDNet reported.

OpenAI is working on WebGPT that aims to improve accuracy and include source citations to search queries, according to the company. 
Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
Mexican Drug Lords El Mayo and El Chapo's Son Arrested in Texas
World's Hottest Day Recorded on July 21
Joe Biden Withdraws from 2024 US Presidential Race
A Week of Turmoil: Key Moments in US Politics
Global IT Outage Sparks Major Concerns
Global IT Outage Unveils Digital Vulnerabilities
Secret Service Criticized for Lack of Sniper Protection During Trump Shooting
Colombian Court Annuls Amazon Tribes’ Carbon Credit Deal
Sunita Williams Safe on ISS, to Address Earth on July 10
Biden Affirms Commitment To Presidential Race
Boeing Pleads Guilty Over 737 MAX Crashes
Beryl Storm Hits Texas, Killing 2 and Causing Major Power Outages
2024 Predicted to Be World's Hottest Year
Macron Faces New Political Challenges Despite Election Relief
Florida Man Arrested Over Attempt to Withdraw One Cent
Anger mounts at Biden’s top team after disastrous debate
Bolivian President Luis Arce Denies 'Self-Coup' Allegations
Steve Bannon Begins 4-Month Prison Sentence
Biden Warns of 'Dangerous Precedent' After Supreme Court Immunity Ruling in Trump Case
Elon Musk Accuses Kamala Harris of Misleading Post on Trump's Abortion Stance
Hunter Biden Sues Fox News Over 'Revenge Porn' Allegations
New York Times Editorial Board Urges Biden to Exit Presidential Race
US Supreme Court Overturns Obstruction Charges Against January 6 Rioters
US Voters Prefer Biden's Democracy Approach, Trump's Economy Plan: Report
Attempted Coup in Bolivia: President Urges Public Mobilization
Top-Secret US Underwater Drone 'Manta Ray' Revealed on Google Maps
United States Bans Kaspersky Antivirus
Inside El Salvador’s 40,000 Inmate Mega-Prison
Toyota, Mazda, Honda, and Suzuki have committed fraud; falsified safety test results
El Salvador's Bitcoin Holdings Reach $350 Million
Teens Forming Friendships with AI Chatbots
WhatsApp Rolls Out Major Redesign
Neuralink's First Brain Implant Experiences Issue
Apple Unveils New iPad Pro with M4 Chip, Misleading AI Claims
OpenAI to Announce Google Search Competitor
Apple Apologizes for Controversial iPad Pro Ad Featuring Instrument Destruction
German politician of the AFD party, Marie-Thérèse Kaiser was just convicted & fined $6,000+
Changpeng Zhao Sentenced to Four Months in Jail
Biden Administration to Relax Marijuana Regulations
101-Year-Old Woman Mistaken for a Baby by American Airlines: Comical Mix-Up during Flight Check-in
King Charles and Camilla enjoying the Inuit voice singing performance in Canada.
New Study: Vaping May Lower Fertility in Women Trying to Get Pregnant
U.S. DOJ Seeks Three-Year Sentence for Binance Founder Changpeng Zhao
Headlines - Thursday, 23 April 2024
Illinois Woman Wins $45M Lawsuit Against Johnson & Johnson and Kenvue for Mesothelioma Linked to Baby Powder
Panama's lates news for Friday, April 19
Creative menu of a Pizza restaurant..
You can be a very successful player, but a player with character is another level!
Experience the Future of Dining: My Visit to an AI-Powered Burger Joint
Stabbing rampage terror attack in Sydney, at least four people killed, early reports that a baby was among those stabbed.
×