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by scarface_74 970 days ago
Please get out of your bubble. It doesn’t take much digging to figure out Google’s search traffic or revenue hasn’t gone down because of ChatGPT
2 comments

> It doesn’t take much digging to figure out Google’s search traffic or revenue hasn’t gone down because of ChatGPT

Whilst I didn't say that it did, would you mind sharing some sources for your claim?

The quarterly earnings statements
The quarterly earnings statement says something about, well, earnings. And earnings need not be directly linked to search traffic since Google has several revenue streams, also from other products and from selling data "wholesale." It is thus difficult to correlate earnings directly to search traffic.

As for the actual search traffic to Google, I can only refer to my own personal experience. I have certainly changed my habits after AI became mainstream, and as a consequence I now google a lot less. These days I will often hit up ChatGPT (or other AI services) instead of using Google, despite the "opinion" of ChatGPT perhaps being a little less accurate.

> The quarterly earnings statements

That (Earnings Call 2023/Q2) says that “search and other” revenue rose to $42.63 billion, up slightly from last year.

Doesn't sound like a big growth story to me. Also it would be interesting to know what "other" means.

Where do you get the traffic numbers from?

> Please get out of your bubble.

Maybe you are in a bubble?

Again, doesn't say anything about traffic, just revenue.

Traffic would be interesting, because it's not that impacted by other factors such as inflation, recessions etc.

It's also important to note that search revenue is not positively impacted by organic searches, which I'd guess would be the majority of what ChatGPT replaces currently.

USD exchange rates affects the earning statements more than ChatGPT (which has about 1.5% queries of Google search iirc)
yup. Google stock keeps going up. no worries.
I wouldn’t go that far. Stock price is a trailing indicator [1]. RIMs stock was at its highest in 2006 right before the iPhone was introduced.

[1] yes I know that’s not technically true. I know it’s supppose to the present value of all future returns.