'Google has had basically a monopoly on search with AI,' strategist says

Alphabet (GOOG, GOOGL) reported its fourth-quarter earnings results revealing better-than-expected revenue and profit, but ad revenue came in weaker than analyst estimates of $65.94 billion. With search being one of the powerhouses of revenue for the Google-parent, questions around the impact of AI on search and ad revenue arise.
Baird Technology Desk Sector Strategist Ted Mortonson joins Yahoo Finance to give insight into the impacts of AI on search engines and what it could mean for Google and other tech companies.
When asked about how AI can potentially interrupt Google's dominance, Mortonson replies: "It will over the next two to three years, but it's nothing instantaneous. When you see the Meta (META) results and the Google results, they're still two of the most dominant players in advertising and they will be for the next quarters to come. Obviously, Microsoft (MSFT) with their investment with OpenAI, the search landscape will change."
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[@wafflecat711]

How is Google Bard doing?

[@FrancoisSibanda]

Dude that is so true . I'm also waiting. Even google Gemini. But google has had a monopoly in Search with A.I

[@user-ov8sv9ns5l]

Alphabet is the best. Share price is too low to be true.
Keeping watch for the next big upward move.