meta_pixel
Tapesearch Logo
Log in
TechCheck

Google I/O Recap 5/10/23

TechCheck

CNBC

Disruptors, Cnbc, Investing, Tech, Management, Business, Technology, Faang

4.566 Ratings

🗓️ 10 May 2023

⏱️ 3 minutes

🧾️ Download transcript

Summary

Google held a much anticipated event today, but what really caught the investors’ attention was its demonstration of AI integration with search.

Transcript

Click on a timestamp to play from that location

0:00.0

Time for today's tech check and let's get to Deidre Bosa at the Google event.

0:04.1

CEO Sundar Pichai announcing new AI developments for Google but saying that AI has been a

0:09.7

seven-year journey for the company. Deidra, what have you learned?

0:14.0

Well, it is still going on behind me here at the Shoreline Amphitheatre across from Google Campus,

0:20.0

but we have had a number of announcements so far.

0:22.0

I'll also note that the instant reaction from Cheryl... but we have had a number of announcements so far.

0:22.6

I'll also note that the instant reaction from shareholders

0:25.6

has been, you know, muted I guess.

0:27.6

Google shares have been mostly flat over the last hour,

0:29.9

but even that could be seen as a victory,

0:31.8

because the last time Google did an AI demonstration

0:34.2

some 100 billion was taken off its market cap by days end because of some botch demonstrations.

0:40.3

So the demonstrations this time have been a little more cautious you could call it.

0:44.4

There's some live demos and there's some pre-scripted ones as well.

0:48.0

They just demonstrated what happens when generative AI meets search. And of course this is such an important topic because

0:54.7

search still makes up the majority of revenue and profitability at Google.

0:59.1

They now something called search labs which is now they're opening up the wait list.

1:04.2

You have to sign up for it.

1:05.4

But here's sort of the takeaway.

1:07.8

No more blue links pointing to sites that have paid for that kind of advertisement.

1:12.8

In the demonstration those links are replaced with images, summaries,

1:16.7

Tik-Tocks, side-by-side purchasing options.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.