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by energy123 378 days ago
Even if they're winning the AI race, their search business is still going to be cannibalized, and it's unclear if they'll be able to extract any economic rents from AI thanks to market competition. Of course they have no choice but to compete, but they probably would have preferred the pre-AI status quo of unquestioned monopoly and eyeballs on ads.
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Historically, every company has failed by not adapting to new technologies and trying to protect their core business (eg. Kodak, Blockbuster, Blackberry, Intel, etc). I applaud Google for going against their instincts and actively trying to disrupt their cash cow in order to gain an advantage in the AI race.