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home / news releases / BB - Google: ChatGPT's Not A Threat But Hubris Is

BB - Google: ChatGPT's Not A Threat But Hubris Is

BlackBerry Limited

Summary

  • Lately, Alphabet (hereafter referred to as "Google") has been selling off, possibly because of perceived competition from ChatGPT.
  • ChatGPT can provide straightforward answers to questions, which compares well to Google search for some use cases.
  • However, Google Search is far better than ChatGPT for news and product searches.
  • The degree of "disruption threat" ChatGPT poses to Google is overstated. However, Google does face one real risk: hubris.
  • Google has been so successful for so long that it has become less careful with spending AND less bold in risk-taking than competitors. That could become a problem in the long term.

For further details see:

Google: ChatGPT's Not A Threat But Hubris Is
Stock Information
Company Name: BlackBerry Limited
Stock Symbol: BB
Market: NYSE
Website: blackberry.com
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