search

“I think that Google will open source their models because the most important thing that Google can do is reinforce the value of search. And the best way to do that is to scorch the earth with these models, which is to make them widely available and as free as …”

“And I think that ChatGPT will start By eating a substantial portion of search, because again, you don't have to go through the 20 links. It just gives you the answer. It's going to eat a substantial portion of browser usage and app usage, because you're just g…”

“The top of the funnel is up for grabs and all of those dollars over a period, again, a five years, seven years is going to get redistributed and make no mistake. Google is well positioned to make its claim for that, but its claim is going to come at the expens…”

“Even if they turn out to be good or great in AI, their AI franchises is never going to be as dominant as their search franchise was in that market.”

“And so the search margin, the ad revenue on search, Is, you know, probably a hundred percent of the true operating profit of the business.”

“They do have a massive monopoly in search. That's absolutely true and the Justice Department, I think, is well within their rights to take a deep dive on that. They don't have it in ads.”