Earlier quoted context omitted.
Google has already taken a lot of heat from increasingly keeping people on the search results page rather than sending them to the content providers. Chat interfaces are going to take that problem to the next level since they not only present someone else’s content but do it without linking to them. At some point that destroys the web as sites move behind paywalls. Google or Facebook giving you less revenue is still…
That's not really a problem for the adoption or economic viability of ChatGPT, though. At some point, it hoovers up all the knowledge of the Internet, encodes it into its model, and then - the model just stagnates as content providers stop providing content. That's not a big deal for it - it'll continue to be the primary place people go for answers even when the source material has thrown in the towel and decided the…
It will all be about access to new information, access to customers (such as advertisers) and access to users attracted to other aspects of the platform as well.
I think producers of new content and their distribution platforms will have a lot of leverage. Youtube, Facebook, TikTok, Spotify, Apple, Amazon, Netflix, traditional publishers and perhaps even smaller ones such as Substack and Medium, are all gatekeepers of new original content.
I think Google is best positioned to make the economics work. Unfortunately, they don't appear to have the best management team right now. They keep losing focus. Perhaps the danger of their core business getting disrupted will focus their minds.