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Article Summary and/or Excerpt:
Alphabet/Google (NASDAQ:GOOG) (NASDAQ:GOOGL) is off to a rocky start this year, with this year marking a year of uncertainty for Google as it faces multiple serious threats from multiple fronts to what once seemed like an untouchable company and a tremendous cash cow.
Despite all these woes, Alphabet is still up 6.8% YTD. Although, we think this rally may weaken further as we see that Microsoft Edge with Bing may actually have the edge over Google this time. This article will explain why investors really need to critically rethink their long-term thesis on Alphabet as it comes under attack on multiple fronts including antitrust, artificial intelligence, search and growth
Business got off to a slow start this week when Google announced the rollout of its own conversational AI, called “Bard,” powered by Alphabet’s “LaMDA.” LaMDA, like ChatGPT, is a large language model. However, both differ because they have different training data sets and different use cases. For example, LaMDA is supposed to be better for generating responses in a conversational setting, while ChatGPT is supposed to be best for generating open text.