Google’s Share Price Will Likely Drop—Here’s Why

Summary

In this video, the speaker, a Google shareholder since 2020, discusses the impact of AI, particularly the rise of OpenAI's GPT chatbot, on Google's core search business and its stock. They share personal experience with AI agents, noting their 'stickiness' and efficiency in tasks like content creation and communication, which could influence future search behavior. Despite initial skepticism, they find GPT's capabilities superior to Google's offerings, suggesting a potential long-term risk to Google if younger generations adopt 'chatting' over 'Googling.' The speaker expresses concern as a shareholder and urges Google to innovate to maintain its market position.

Takeaways

• 📈 The speaker is a Google shareholder since 2020, with Google stock making up 5.6% of their portfolio.
• 📉 Google's stock has recently declined, with concerns about AI's potential disruption to Google's core search business.
• 🤖 The speaker experimented with AI agents from OpenAI's GPT (specifically GPT-3) and found them to be highly useful and 'sticky'.
• 👨‍🏫 As a teacher, the speaker uses AI agents for various tasks including creating model solutions for tests and communicating with parents.
• 📊 The speaker has around 10 specialized AI agents set up for different tasks, reflecting the time and effort required to customize them.
• 🔄 Despite trying Google's Gemini Advanced, the speaker found it inferior to OpenAI's GPT and decided to stick with the latter.
• 🧐 The speaker believes that AI agents are not a direct threat to Google's core search business but could change search behavior over time.
• 🔍 The use of AI agents and chatbots like GPT might be expanding the search market rather than replacing traditional Google searches.
• 📱 There's a concern that younger generations are increasingly using AI chatbots for information, which could affect Google's future business.
• 🏃‍♂️ The speaker, as a Google shareholder, urges Google to innovate and improve its AI offerings to stay competitive in the changing landscape of search technology.

Q & A

What is the main topic of the video?

The main topic of the video is the impact of AI, specifically OpenAI's GPT and the rise of chatbots, on Google's core business of search and its stock performance.

Why is the speaker concerned about Google's stock?

The speaker is concerned because Google's stock has come under pressure, and there's a narrative that AI advancements could disrupt Google's core search business.

What is the speaker's personal investment in Google?

The speaker has been a shareholder of Google since 2020, and as of the time of the video, Google represents a 5.6% weight in their overall portfolio, making it one of their largest positions.

What is the role of 'agents' in the context of the video?

In the video, 'agents' refer to AI models trained to perform specific tasks, which the speaker finds creates 'stickiness' for the end consumer and could potentially change search behavior.

Why did the speaker initially subscribe to OpenAI's GPT-3 Plus?

The speaker subscribed to OpenAI's GPT-3 Plus to test whether AI could help streamline processes, increase productivity, and make them more time-efficient in working on various projects.

What was the speaker's experience with Google's Gemini Advanced offering compared to OpenAI's GPT-3 Plus?

The speaker found Google's Gemini Advanced to be inferior to OpenAI's GPT-3 Plus in their personal experience, leading them to cancel the subscription and stick with OpenAI's service.

How does the speaker view the potential risk of AI to Google's core business?

The speaker believes that while agents and AI like GPT-3 are not currently replacing traditional Google searches, there is a long-term risk as younger generations are developing the habit of using AI chatbots instead of traditional search engines.

What does the speaker think about the future of Google's core search product?

The speaker thinks that Google's core search product will remain a tool for navigating the web in the near to medium term, but there is a significant risk if the nature of search queries shifts significantly towards AI chatbots.

What is the speaker's personal usage of AI like GPT-3 in comparison to Google search?

The speaker uses GPT-3 quite frequently and finds that some search queries are being replaced by AI-generated answers, which they find to be more efficient.

What does the speaker suggest Google should do in response to the rise of AI chatbots?

The speaker suggests that Google needs to move faster and improve its AI offerings to stay competitive, as their personal experience with Google's Gemini Advanced was not satisfactory.