The speakers discuss the impact of chat GPT on Google search and the challenges it presents. They mention the need for volume growth and ad pricing for the search business to grow, as well as competitors like Amazon and TikTok building on the GPT stack to disrupt search. They also comment on the CEOs of Microsoft and Alphabet emphasizing AI but not yet seeing significant impact on revenue and profit from it.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg News Detroit Bureau Chief David Welch discusses General Motors beating Wall Street expectations for the fourth quarter and expecting profits this year to grow on improved sales as the US economy chugs along. Brad Case, Chief Economist at Middleburg Communities and Steven Skancke, Chief Economic Advisor at Keel Point, provide a preview the FOMC rate decision on Wednesday. Siggi Hilmarsson, Chairman and Founder of Siggi’s, talks about the company's digital detox program to give up your smartphone for a month. Bankrate Senior Data Analyst Alex Gailey reports on why American workers are struggling to save enough to feel financially comfortable. Techonomy Founder David Kirkpatrick and Bloomberg Intelligence Senior Technology Analyst Mandeep Singh break down Alphabet and Microsoft earnings. And we Drive to the Close with Sandy Villere, Portfolio Manager at Villere & Co.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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