The Potential Impact of Google's Pricing and Ad Business Growth

Google may be overpunished as people may choose to go to Google for lower prices rather than paying open AI prices. Google's ad business is thriving with search ad revenue up 11% and YouTube ad revenue up 13%. YouTube is an under-hyped media asset, commanding more TV screen time than any streaming service. The increase in market capitalization inspired by AI may have peaked, with Microsoft, Meta, Tesla, and Vidya leading the pack. People are inspired by Microsoft's investment in open AI and incorporating generative AI into products, while Alphabet (Google) is seen as being caught flat-footed. However, the market capitalization gains in these companies suggest a different story.