Is Google in Danger of Being Replaced?

10
1
Favorite

Is Google in Danger of Being Replaced?

Seeking Alpha03-04

In less time than it takes Saturn to orbit the Sun, Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has gone from a scrappy Stanford University research project into a technology behemoth valued at more than $1.7...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

LesterTan
·03-04
Googl is undervalued. Target $180. Buy now.
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2416573549?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-04 10:00","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2416573549","market":"us","top_or_hot":-1,"title":"Is Google in Danger of Being Replaced?","media":"Seeking Alpha","content":"<div>\n<p>In less time than it takes Saturn to orbit the Sun, Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has gone from a scrappy Stanford University research project into a technology behemoth valued at more than $1.7...</p>\n\n<a href=\"https://seekingalpha.com/news/4074691-is-google-in-danger-of-being-replaced\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Google in Danger of Being Replaced?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Google in Danger of Being Replaced?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-04 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4074691-is-google-in-danger-of-being-replaced><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In less time than it takes Saturn to orbit the Sun, Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has gone from a scrappy Stanford University research project into a technology behemoth valued at more than $1.7...</p>\n\n<a href=\"https://seekingalpha.com/news/4074691-is-google-in-danger-of-being-replaced\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0310800965.SGD","symbol_name":"FTIF - Templeton Global Balanced A Acc SGD","start_time":0,"source_url":"https://seekingalpha.com/news/4074691-is-google-in-danger-of-being-replaced","article_id":"2416573549","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2416573549","pubTimestamp":1709517600,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"While Google's stock has been penalized for poor generative AI product launches or compet","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4574":"无人驾驶","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","BK4551":"寇图资本持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4573":"虚拟现实","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4581":"高盛持仓","LU0861579265.USD":"联博低波幅策略股票基金A","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0444971666.USD":"天利全球科技基金","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","BK4528":"SaaS概念","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4579":"人工智能","BK4576":"AR","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","GOOG":"谷歌","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","BK4587":"ChatGPT概念","GOOGL":"谷歌A","BK4525":"远程办公概念","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4524":"宅经济概念","BK4577":"网络游戏","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4527":"明星科技股","BK4077":"互动媒体与服务","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","BK4550":"红杉资本持仓","BK4588":"碎股"},"translate_title":"谷歌有被取代的危险吗？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GOOGL":1.1,"GOOG":1.1},"content_text":"In less time than it takes Saturn to orbit the Sun, Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has gone from a scrappy Stanford University research project into a technology behemoth valued at more than $1.7 trillion.JHVEPhoto/iStock Editorial via Getty ImagesBut as generative artificial intelligence looks to re-shape nearly every sector of the global economy, some have questioned whether the world's search engine is in danger of losing its place at the top of the mountain.\"Ever since OpenAI launched ChatGPT in late 2022, Google’s response looks more like a body builder who’s been told his muscles are all show, picking fights and getting beat up,\" Bernstein analyst Mark Shmulik wrote in a recent investor note. Shmulik has a Market-Perform rating and $160 price target on Google.Since ChatGPT and OpenAI — which is backed by billions from Microsoft (MSFT) — took the world by storm in late 2022, Google has been accused of being too slow to ship products (it has recently upped its cadence, albeit to harrowed results) and playing defense instead of offense, Shmulik said.The company has not done itself any favors, giving investors \"nothing beyond the bare minimum,\" Shmulik added.Led by Chief Executive Sundar Pichai, Google does not provide guidance; commentary around its various markets are often seen as \"cryptic;\" and the question and answer portion of earnings calls are a \"waste of time,\" Shmulik said. While that mindset worked for most of the past 20 years (the company went public in 2004), with the stock up nearly 5,000% since its IPO, the landscape has shifted dramatically the past couple of years.Risk to search is more than just generative AIPerhaps the biggest risk to Google (aside from being broken up or antitrust issues) is losing dominance in the lucrative search engine market.The company generated roughly $237B in ad revenue in 2023, most of which came from search. With roughly 91% of the market, it's clear Google is the 800 pound gorilla and others are champing at the bit to go after it.Microsoft is integrating generative AI and OpenAI's technology into all of its products, including Bing. ChatGPT itself is consistently one of the top 10 free apps on the iOS App Store while other gen AI companies garner significant attention from investors.Companies like Meta (META), Amazon (AMZN), Pinterest (PINS) and others are also nipping at Google's heels, as vertical (or specialized) and social search are as big of a threat to Google as generative AI is, Shmulik said.Google has tried to counter the generative AI threat with its own offerings, notably, Gemini.However, Gemini (formerly known as Bard) has had issues in recent days, including last month when it provided responses that offended some users, prompting the company to pause AI-generated images.Pichai called the results \"completely unacceptable\" and said the company would relaunch the AI model in the next few weeks.All's well that ends well?While Google's stock has been penalized for poor generative AI product launches or competitor's announcements, its share of the search market hasn't been dinged — at least not yet. Its search market share has been relatively stable over the past 12 months at roughly 91%, according to StatCounter.That provides some comfort despite the self-inflicted wounds stemming from inside Google, Shmulik said.\"We continue to believe that at the point in time when Gen AI answers have gained consumer trust, Google should be best positioned to integrate these results alongside web query results thereby offering consumers the best of both worlds,\" Shmulik said.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":280624896692232,"gmtCreate":1709541474773,"gmtModify":1709541478489,"author":{"id":"4105421923397120","authorId":"4105421923397120","name":"LesterTan","avatar":"https://community-static.tradeup.com/news/1244d1eac543f84d6b2c017832a1d98d","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"4105421923397120","authorIdStr":"4105421923397120"},"htmlText":"Googl is undervalued. Target $180. Buy now.","listText":"Googl is undervalued. Target $180. Buy now.","text":"Googl is undervalued. Target $180. Buy now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/280624896692232","repostId":2416573549,"repostType":4,"repost":{"id":"2416573549","pubTimestamp":1709517600,"share":"https://ttm.financial/m/news/2416573549?lang=&edition=fundamental","pubTime":"2024-03-04 10:00","market":"us","language":"en","title":"Is Google in Danger of Being Replaced?","url":"https://stock-news.laohu8.com/highlight/detail?id=2416573549","media":"Seeking Alpha","summary":"While Google's stock has been penalized for poor generative AI product launches or compet","content":"<html><head></head><body><p style=\"text-align: left;\">In less time than it takes Saturn to orbit the Sun, Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has gone from a scrappy Stanford University research project into a technology behemoth valued at more than $1.7 <em>trillion</em>.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/83986253810705267bbca929658b8dce\" alt=\"JHVEPhoto/iStock Editorial via Getty Images\" title=\"JHVEPhoto/iStock Editorial via Getty Images\" tg-width=\"750\" tg-height=\"500\"/><span>JHVEPhoto/iStock Editorial via Getty Images</span></p><p style=\"text-align: left;\">But as generative artificial intelligence looks to re-shape nearly every sector of the global economy, some have questioned whether the world&#39;s search engine is in danger of losing its place at the top of the mountain.</p><p style=\"text-align: left;\">&#34;Ever since OpenAI launched ChatGPT in late 2022, Google’s response looks more like a body builder who’s been told his muscles are all show, picking fights and getting beat up,&#34; Bernstein analyst Mark Shmulik wrote in a recent investor note. Shmulik has a Market-Perform rating and $160 price target on Google.</p><p style=\"text-align: left;\">Since ChatGPT and OpenAI — which is backed by billions from Microsoft (MSFT) — took the world by storm in late 2022, Google has been accused of being too slow to ship products (it has recently upped its cadence, albeit to harrowed results) and playing defense instead of offense, Shmulik said.</p><p style=\"text-align: left;\">The company has not done itself any favors, giving investors &#34;nothing beyond the bare minimum,&#34; Shmulik added.</p><p style=\"text-align: left;\">Led by Chief Executive Sundar Pichai, Google does not provide guidance; commentary around its various markets are often seen as &#34;cryptic;&#34; and the question and answer portion of earnings calls are a &#34;waste of time,&#34; Shmulik said. While that mindset worked for most of the past 20 years (the company went public in 2004), with the stock up nearly 5,000% since its IPO, the landscape has shifted dramatically the past couple of years.</p><h2 id=\"id_119599500\" style=\"text-align: left;\">Risk to search is more than just generative AI</h2><p style=\"text-align: left;\">Perhaps the biggest risk to Google (aside from being broken up or antitrust issues) is losing dominance in the lucrative search engine market.</p><p style=\"text-align: left;\">The company generated roughly $237B in ad revenue in 2023, most of which came from search. With roughly 91% of the market, it&#39;s clear Google is the 800 pound gorilla and others are champing at the bit to go after it.</p><p style=\"text-align: left;\">Microsoft is integrating generative AI and OpenAI&#39;s technology into all of its products, including Bing. ChatGPT itself is consistently one of the top 10 free apps on the iOS App Store while other gen AI companies garner significant attention from investors.</p><p style=\"text-align: left;\">Companies like Meta (META), Amazon (AMZN), Pinterest (PINS) and others are also nipping at Google&#39;s heels, as vertical (or specialized) and social search are as big of a threat to Google as generative AI is, Shmulik said.</p><p style=\"text-align: left;\">Google has tried to counter the generative AI threat with its own offerings, notably, Gemini.</p><p style=\"text-align: left;\">However, Gemini (formerly known as Bard) has had issues in recent days, including last month when it provided responses that offended some users, prompting the company to pause AI-generated images.</p><p style=\"text-align: left;\">Pichai called the results &#34;completely unacceptable&#34; and said the company would relaunch the AI model in the next few weeks.</p><h2 id=\"id_2199183964\" style=\"text-align: left;\">All&#39;s well that ends well?</h2><p style=\"text-align: left;\">While Google&#39;s stock has been penalized for poor generative AI product launches or competitor&#39;s announcements, its share of the search market hasn&#39;t been dinged — at least not yet. Its search market share has been relatively stable over the past 12 months at roughly 91%, according to StatCounter.</p><p style=\"text-align: left;\">That provides some comfort despite the self-inflicted wounds stemming from inside Google, Shmulik said.</p><p style=\"text-align: left;\">&#34;We continue to believe that at the point in time when Gen AI answers have gained consumer trust, Google should be best positioned to integrate these results alongside web query results thereby offering consumers the best of both worlds,&#34; Shmulik said.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Google in Danger of Being Replaced?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Google in Danger of Being Replaced?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-04 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4074691-is-google-in-danger-of-being-replaced><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In less time than it takes Saturn to orbit the Sun, Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has gone from a scrappy Stanford University research project into a technology behemoth valued at more than $1.7...</p>\n\n<a href=\"https://seekingalpha.com/news/4074691-is-google-in-danger-of-being-replaced\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0861579265.USD":"联博低波幅策略股票基金A","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","BK4574":"无人驾驶","LU0444971666.USD":"天利全球科技基金","BK4551":"寇图资本持仓","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","GOOG":"谷歌","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4573":"虚拟现实","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","GOOGL":"谷歌A","BK4581":"高盛持仓","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4528":"SaaS概念","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","BK4550":"红杉资本持仓","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4585":"ETF&股票定投概念","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4576":"AR","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4588":"碎股","BK4587":"ChatGPT概念","BK4525":"远程办公概念","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0109392836.USD":"富兰克林科技股A","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","BK4524":"宅经济概念","BK4577":"网络游戏","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","BK4077":"互动媒体与服务","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4579":"人工智能","BK4527":"明星科技股","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC"},"source_url":"https://seekingalpha.com/news/4074691-is-google-in-danger-of-being-replaced","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2416573549","content_text":"In less time than it takes Saturn to orbit the Sun, Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has gone from a scrappy Stanford University research project into a technology behemoth valued at more than $1.7 trillion.JHVEPhoto/iStock Editorial via Getty ImagesBut as generative artificial intelligence looks to re-shape nearly every sector of the global economy, some have questioned whether the world's search engine is in danger of losing its place at the top of the mountain.\"Ever since OpenAI launched ChatGPT in late 2022, Google’s response looks more like a body builder who’s been told his muscles are all show, picking fights and getting beat up,\" Bernstein analyst Mark Shmulik wrote in a recent investor note. Shmulik has a Market-Perform rating and $160 price target on Google.Since ChatGPT and OpenAI — which is backed by billions from Microsoft (MSFT) — took the world by storm in late 2022, Google has been accused of being too slow to ship products (it has recently upped its cadence, albeit to harrowed results) and playing defense instead of offense, Shmulik said.The company has not done itself any favors, giving investors \"nothing beyond the bare minimum,\" Shmulik added.Led by Chief Executive Sundar Pichai, Google does not provide guidance; commentary around its various markets are often seen as \"cryptic;\" and the question and answer portion of earnings calls are a \"waste of time,\" Shmulik said. While that mindset worked for most of the past 20 years (the company went public in 2004), with the stock up nearly 5,000% since its IPO, the landscape has shifted dramatically the past couple of years.Risk to search is more than just generative AIPerhaps the biggest risk to Google (aside from being broken up or antitrust issues) is losing dominance in the lucrative search engine market.The company generated roughly $237B in ad revenue in 2023, most of which came from search. With roughly 91% of the market, it's clear Google is the 800 pound gorilla and others are champing at the bit to go after it.Microsoft is integrating generative AI and OpenAI's technology into all of its products, including Bing. ChatGPT itself is consistently one of the top 10 free apps on the iOS App Store while other gen AI companies garner significant attention from investors.Companies like Meta (META), Amazon (AMZN), Pinterest (PINS) and others are also nipping at Google's heels, as vertical (or specialized) and social search are as big of a threat to Google as generative AI is, Shmulik said.Google has tried to counter the generative AI threat with its own offerings, notably, Gemini.However, Gemini (formerly known as Bard) has had issues in recent days, including last month when it provided responses that offended some users, prompting the company to pause AI-generated images.Pichai called the results \"completely unacceptable\" and said the company would relaunch the AI model in the next few weeks.All's well that ends well?While Google's stock has been penalized for poor generative AI product launches or competitor's announcements, its share of the search market hasn't been dinged — at least not yet. Its search market share has been relatively stable over the past 12 months at roughly 91%, according to StatCounter.That provides some comfort despite the self-inflicted wounds stemming from inside Google, Shmulik said.\"We continue to believe that at the point in time when Gen AI answers have gained consumer trust, Google should be best positioned to integrate these results alongside web query results thereby offering consumers the best of both worlds,\" Shmulik said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":10,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}