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Marketing School - Digital Marketing and Online Marketing Tips

Bing Is Adding ChatGPT - Is Google Doomed?

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Marketing, Business

4.61.4K Ratings

🗓️ 13 February 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

In episode #2368, we ask what the effects of Bing adding ChatGPT will be on Google's survival. With the huge advent of ChatGPT and the shaking up of the search engine landscape, the ripples of Microsoft's actions are still to be seen. With that being said, we still believe Google holds a lot of power, tune in to hear our thoughts on what might happen!  TIME-STAMPED SHOW NOTES: [00:21] Today’s topic: Bing Is Adding ChatGPT - Is Google Doomed? [00:30] The recent reports about Microsoft, Bing, and OpenAI. [01:00] Estimates of index sizes and user numbers for Google and Bing. [02:41] The power of good data for improving AI responses. [03:26] Predictions for what the future of AI chatbots might look like. [04:38] Why being the first market does not always spell a victory. [05:32] What Google's monopoly has enabled them to do.  [05:56] The tendency for the biggest tech companies to downplay their monopoly of the market. [06:40] That’s it for today! [06:43] Go to https://www.marketingschool.io for more resources! Links Mentioned in Today’s Episode: Subscribe to our premium podcast (with tons of goodies!): https://www.marketingschool.io/pro The Information OpenAI ChatGPT Peter Thiel Zero to One  Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us:  Neilpatel.com Quick Sprout  Growth Everywhere Single Grain Twitter @neilpatel  Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Welcome to Marketing School, the only podcast that provides daily top-level marketing tips and strategies from entrepreneurs that practice what they preach and live what they teach.

0:11.5

Let's start leveling up your marketing knowledge with

0:14.0

your instructors Neil Patel and Eric Sue.

0:18.9

Today we are going to talk about if being adding chat gPT means well is Google doomed so I'm going to give a little context here and then we can talk about this for a second because this piece actually came out about two days ago reported by the

0:34.4

information which is a nice online tech publication the reports are basically

0:38.8

Microsoft invested about 1.2 billion dollars into open AI. So Microsoft owns being the search engine and then

0:47.2

open AI they are the creators of chat gPT and so they are basically layering on chat gPT into being.

0:54.0

Neil and I want to give some reactions here on whether we think our thoughts on how much

0:58.0

this is going to affect Google for the long term.

1:00.0

So Neil, you want to start first?

1:01.0

Well, I don't have data on this, but most people use Google.

1:04.9

That we already know.

1:06.1

What I don't have data on is the index sizes versus Google versus Bing, but I'm assuming

1:11.2

Google has a bigger index because they've had a larger head start and they've been doing this for much much longer

1:17.2

If you think about these AI tools like chat gPT

1:20.8

What they're doing is is they scraping the web, gathering a ton of data

1:25.6

to figure out how to give people better responses. Think of just like even Alexa, right? With Alexa,

1:31.8

they're pulling data from the web and with Google in theory having a bigger index.

1:37.0

Actually do you want to Google it Eric really quickly?

1:39.0

What's a bigger index? Google or Bing?

1:41.0

For sure, Google.

1:42.0

Let's Google it. How big is Google's index versus beings?

...

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