Artificial intelligence creates a new kind of challenge for Google and its parent company, Alphabet.
Alphabet (GOOG -1.96%) has built one of the world's best businesses with Google Search, but it's facing a new challenge. Artificial intelligence products like ChatGPT can take a request and give a direct answer, potentially replacing some of the use cases for search. Travis Hoium explains why this is what's known as an innovator's dilemma.
*Stock prices used were end of day prices of Jan. 18, 2023. The video was published on Jan. 20, 2023.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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