Google’s Antitrust Uncertainty Starts to Rattle Investors

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.3 • 1.7K Ratings

🗓️ 16 September 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

For years, Wall Street has brushed off concerns about government crackdowns on big tech players. But Google’s loss last month in the Justice Department’s antitrust case over search and the start of a second antitrust case connected to its ad-tech businesses is starting to unnerve investors. Dan Gallagher, a columnist for WSJ’s Heard on the Street, tells host Zoe Thomas about investors' concerns. Plus, AI is beginning to look more like a feature of existing software and devices rather than a standalone product. We’ll tell you why. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Ecolab water for climate, less water, more growth.
0:04.0	Results will vary.
0:06.0	Learn more at Ecolab.com slash Ewc.
0:09.0	Ecolab water for climate, transforming the way the world thinks about water.
0:19.1	Welcome to Tech News Briefing. It's Monday, September 16th.
0:23.0	I'm Zoe Thomas for the Wall Street Journal.
0:26.0	Is artificial intelligence going to fundamentally change
0:29.8	everything we do?
0:31.5	Or just enhance the ways we already do things.
0:34.8	Our tech columnist Christopher Mims says increasingly it's looking like the latter option.
0:40.3	He'll join us to explain. And then, Google is facing a lot of uncertainty,
0:46.0	and investors don't like uncertainty.
0:49.0	We'll tell you what's causing it
0:51.0	and how it's changing Wall Street's outlook for Google.
0:57.0	First though, big tech companies like Apple, Google Google and Microsoft have announced new versions of their products with AI features.
1:07.6	It could be a sign that this new powerful technology is destined to be integrated into devices and software we already use
1:16.2	rather than served up as its own product.
1:19.3	Our tech columnist Christopher Mims is here to tell us more. Christopher, can you tell us about an industry where AI is being integrated into existing workflows?
1:28.0	Yeah, the construction industry is a really interesting case.
1:30.0	Rather than folks going to chat, Gptee or something like that to try to ask it questions
1:36.8	or analyze data for them or whatever. Lots of companies are actually embedding even generative AI directly in the systems that folks are using.
1:45.8	One person said to me that in the future this could go as far as generative design for
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