Today wee talked about some facts surrounding the Google AI presentation.
Links:
https://www.youtube.com/watch?v=rOeRWRJ16yY&t=934s&ab_channel=Bing
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#bing #aiwar #bard
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It's happening the AI Wars officially Began Google announced Bart Microsoft Front-run that event with their very own Presentation of chat GPT powered Bing Search and we get to watch from the Front row in this Clash of Titans and to Me it's so interesting how people think About this because three months ago Nobody would have even considered Bing To be a competitor to Google but if you Ask them today which actually did on my YouTube almost 80 of the people watching This channel think that Bing with chat GPT is going to beat Google in the short Term here but a major part of the story Is not obvious and was certainly not Communicated in any of the product Presentations that happened here Recently and that's why I dug up a bunch Of information that Google will Certainly not be communicating anytime Soon here so let's start off by looking Into some data concretely search engine Adoption across the past 12 years Because the story most people believe is Google is the number one player and Completely dominates that market and While that is mostly true most people Will not know what happened with Bing Over the course of the last four years This graph on Twitter clearly shows that In 2019 the cards were laid out out just As most people think they were Google 88 Market share Bing 5.3 market share and
Then Yahoo 2.7 and the other ones below A percent well no real competition there Right but as we move Beyond 2018 it Starts becoming very interesting because Bing starts gaining a lot of market Share here proportionally to their Previous numbers and while 8.9 may not Seem crazy it's more than double than What they had in 2018 and as we'll Discover later in this video there's Several contributing factors that led to This point but just realize that moving Into this moment the AI Wars that just Started here they live within the Context of Google dominating long term But over the past four years Bing slowly But surely catching up and for the first Time in 20 years we're getting somewhat Of a competitor for the king of internet Search Google here and that brings me to The next point because the presentation They delivered was well pretty average And most people would share this Sentiment and don't get me wrong I love Seeing all the progress they presented And the various projects they work on And the Google Map stuff was pretty Impressive although from a consumer Standpoint it felt just like a Incremental upgrade but the core thing That everybody was looking forward to Was their bite chatbot based on the Lambda language model and they barely Showed it off and of the few examples
They gave one actually turned out to be False now right now there's discussions Happening on Twitter if it was actually False but at the end of the day the Facts might not matter the damage was Already done if you look at the stock Price's reaction to the event it went Down over 10 from its highs and with Their valuation that's over a hundred Billion dollars erased like this and in Contrast Microsoft's presentation didn't Just show off a whole lot more it also Started rolling out pretty much Immediately I know a bunch of people That got access to being powered by Child GPT less than 24 hours after its Release with Bard it seemed more like an Announcement that okay we're looking at This we're working on it and maybe in a Few months we're gonna release something That's what it felt like and they didn't Communicate anything concrete which Brings me to my next point and that is Yes both of these are massive Corporations but Microsoft is kind of Acting like a startup here and as Microsoft's Core Business it's not Search and selling advertisements while Being a somewhat similarly sized company They can pull moves like spontaneously Front-running Google's event that has Been announced and if you add the fact That Google's Founders stepped down in 2019 both of them are not involved in
Running the company anymore one can Start to worry for Google here and as I Previously mentioned for the first time Ever they have been slowly losing market Share to Bing and yes these are single Digit percentage numbers but considering The fact that the founders are not at The head of the company anymore it's Going to be a whole lot harder to change The direction of the ship that Google at This point but hey look obviously it's Not all bad I'm not trying to say They're asleep at the wheel here matter Of fact they made it very clear during The presentation that they see AI as the New Computing platform and that their Efforts go Way Beyond just upgrading the Search engine and while Microsoft did Announce other apps like teams Integrating chat GPT which by the way I Think is a fantastic use case Summarizing lengthy meetings is one of The most convenient use cases I can Think of at the end of the day even Though Google's presentation was not That impressive they did show an Extremely wide variety of products that They're actually working on in Combination with AI especially during The last segment on art restoration and All the art related projects they're Working on it was just like whoa they do That too and they do that too and what The heck I had no idea that even existed
That was truly impressive alright so if You're enjoying this fast-paced Information pack content leave a quick Like it really helps out my channel but Now let's move on to the next fact that Google didn't tell you about AI search In search for Google as you might know Is a big deal but most people don't Realize how big of a deal it is for Google search is not just at the very Core of their DNA and Googling some Something means searching for something On the internet right but it's also at The very core of their balance sheet in 2022 advertisements made up 79 of Google's revenue and where does most of That advertisement Revenue come from Where where seems like you already know Where you guessed it from the search Engine it's not just Google YouTube Actually is the second biggest search Engine on planet Earth and they own both Of them and the core business model There is selling advertisements on an Auction based system where both creators Google and eventually advertisers went To but that whole business model is Based upon the fact that they are the Search engine that is being used and as I showed you for the longest time this Was an Undisputed fact or things are Changing and with the release of chat GPT I want you to consider one more fact That is crucial in understanding this
Rivalry between Microsoft and Google It's the fact that chat GPT has been in This public research phase AKA free Version open to anybody on planet Earth Since December 1st and you might have Seen this but the rate at which they did This is absolutely unbelievable look in Two months they reached 100 million Users just in comparison for Instagram And to 30 months and Tick Tock was the Record holder with nine and in those two Months over 100 million users input Their search queries and as you might Know a lot of these AI models are only As good as the data you feed into them And Microsoft with Chachi PT has an Incredible Advantage here that Google Currently does not have and that is over Two months of usage data during Peak Hike at an unprecedented user trade and Whatever Google does they will not be Able to replicate the fact that chat GPT Simply reached Peak hype in terms of What can be popular across the world and The internet I mean at this point even My grandparents heard about this new AI Doing crazy things and all this usage Data and the fine-tuned guardrails that Can now set up because they know where To set them up it's something no amount Of money is going to be able to Replicate and the best part is the story Does not end there we're just talking About two competitors here but two days
Ago Baidu China's biggest search Actually announced their own AI power Chat bot so that's another thing to look Forward to on this channel we'll be Covering all of it and I expect to see Way more from Google in May at their Developer conference that happens every Year if you enjoyed this information Have a video on current AI entrance Chances are you will probably enjoy this One too and I will see you there
