AI-driven Microsoft Bing, You.com threaten Google's Search dominance
According to AI ethicist and You.com CEO Richard Socher, Google Search alternatives now offer users a more personalised search experience, reports ZDNet. "SEO-driven low-quality content has diluted the value of search results. This has fed consumer demand for better search experiences," Socher was quoted as saying.
New AI features in Microsoft Bing search engine and startup You.com have started to threaten Google`s Search dominance, as users seek more efficient search options.
According to AI ethicist and You.com CEO Richard Socher, Google Search alternatives now offer users a more personalised search experience, reports ZDNet.
"SEO-driven low-quality content has diluted the value of search results. This has fed consumer demand for better search experiences," Socher was quoted as saying.
Generative AI like OpenAI`s ChatGPT and large language models are now challenging Google`s Search like never before.
According to Socher, the key lies in innovation, user control, and strategic partnerships.
"Google needs help to adapt to new paradigms, such as generative AI, due to its existing business model and entrenched market dominance," he added.
As Microsoft takes the lead with AI-powered Bing Search and ChatGPT, Google is set to release a new AI-powered Search engine next month, with more features coming this fall.
The new features will be available exclusively in the US, and will be released initially to a maximum of one million users, according to reports.
The company plans are part of efforts to meet the threat posed by Microsoft`s Bing chatbot and OpenAI`s ChatGPT.
"AI competitors like the new Bing are quickly becoming the most serious threat to Google`s search business in 25 years, and in response, Google is racing to build an all-new search engine powered by the technology," says a report in The New York Times.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 7 SIP Mutual Funds in 1 Year: What Rs 10,000, Rs 15,000, and Rs 20,000 SIPs have given in each fund
Special Live Trading Session on Saturday: Know why BSE, NSE will remain open on May 18; check timings
If you make RDs of Rs 5,000, Rs 10,000, Rs 15,000, and Rs 20,000 in post office, what will be your maturity amount?
Top 10 Mid-cap Stocks to Invest: Motilal Oswal picks Indian Hotels, Godrej Properties, and more; know target price
Atal Pension Yojana EPFO National Pension System SWP Retirement Planning schemes provide pension every month
Gold and Silver rate today (May 16, 2024): Yellow metal futures subdued; white metal hits record high breaches Rs 87,000 mark
11:12 AM IST