Alphabet Inc (GOOG) will be able to overcome the challenge to its internet search dominance being mounted by AI models, veteran investor Joe Tigay predicted on the Schwab Network recently.
Tigay is the Portfolio Manager of the Rational Equity Armor Fund.
Why Tigay Believes That Alphabet Inc (GOOG) Can Overcome the Challenge
GOOG is creating its own AI tools, and it will likely be able to utilize these systems “correctly,” Tigay asserted.
Moreover, the firm has the ability to use the tools to “make search a better user experience,” he stated. Consequently, consumers will still see the Google search engine as the best place to obtain the information that they need, the veteran investor believes.
Finally, Tigay said that he has faith in GOOG’s “technology and workers,” as well as its brand, making him confident that the tech giant “will be able to figure out” AI.
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This article is originally published at Insider Monkey
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