At the same time, ChatGPT has frequently impressed me, not with everything (my expectations are reasonably low) but it has performed amazing work for me (typing out form letters, code language conversions).
For what it's worth I wouldn't use ChatGPT for search like I do with Google, but what it has done is taken away time I would be Googling for things like "how to write X form letter". I expect as it matures, it will take more time away from me Googling.
All these takes underestimate the following:
1) How quickly ChatGPT and its ilk will advance to solve relatively low hanging fruit like "ChatGPT is wrong about this one thing". The delta is extremely important here.
2) How slowly the Google bureaucracy will grind when releasing anything remotely like ChatGPT. All the committees and the burdensome processes in place in Google will keep this new technology locked up for years, and ensure that the final result is a camel (horse designed by committee). It doesn't matter if they have superior technology if they never use it or release it.
3) How much Search means to Google will mean they will treat any product changes to it extremely carefully while Microsoft will be willing to experiment with Bing like they have with Co-Pilot and GitHub.
Personally, I wouldn't go long on search engines that don't have a strong ML component to them in the future.