This Week in Startups

Google’s search engine “panic,” AI-generated hits, Coinbase considers leaving US market | E1723

13 snips
Apr 18, 2023
Google is reportedly in a frenzy as Samsung considers switching its default search engine to Bing. The tech giant is working hard to outpace its competitors in AI with the intriguing Project Magi. Meanwhile, AI-generated music is making waves, with a viral hit raising questions about copyright and the future of the industry. Lastly, Coinbase's potential relocation outside of the US raises eyebrows, adding another layer to the discussion on tech regulation and corporate strategy.
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INSIGHT

Samsung's Search Strategy

  • Google's reported "panic" over Samsung potentially switching to Bing is likely a negotiation tactic by Samsung.
  • Samsung aims to secure a better price from Google by leveraging Bing as a potential alternative.
ADVICE

Google's AI Strategy

  • Google should increase product velocity and transparency regarding the gap with OpenAI.
  • They should create a separate, experimental search product to allow for faster iteration and user feedback.
INSIGHT

Google's Data Advantage

  • Google's access to user data (Gmail, YouTube, Docs) gives them a significant advantage over OpenAI.
  • This data can enable personalized search experiences and anticipate user needs, potentially surpassing ChatGPT.
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