Here’s our take on ChatGPT / AI…..
Before Google, the 1990s search engines like Lycos, Yahoo! Search, WebCrawler, AltaVista, LookSmart all had Cost Per 1000 IMpression banner ad business models. Then along came Google and their Adwords Cost Per Click model. In 2022, Google did over $250B in revenue.
Earlier this month, Microsoft said publicly that 40% of search queries don’t bring back a relevant answer and as Google search hasn’t changed in 20+ years, search is antiquated. But it’s not broken. Google & Bing work well. Do I need to talk to my internet browser to do advanced searches? Do I want ChatGPT to write large documents for me?
Do you know Google has recently updated their search algorithm updates to catch badly written and unhelpful content.
50% of US households have a smart device (Alexa, Google Home) that you can talk to. That took many years. How often do you use your smart device each day. I bet the usage was more when you first got the device right? Like most gadgets, their usage over time diminishes.
So we installed the new Bing here in the office at SearchForecast. We found we don’t need to speak questions to the Bing Search Engine all the time and typing is fine as we have a supercomputer installed in our heads. It’s called a brain!
And Bing’s new layout with the summary on the Right Hand Side of their results pages is just playing catch up to the Google ‘knowledge graph’ which has been around for years.