Weather, flights, sports scores, stock prices, language translations, movie showtimes and a host of other information have gradually made their way into Google search over the past 15 years. Finding information no longer requires you to visit another website. With AI Overviews, the rest of the Internet could meet the same fate.
Website owners are understandably concerned. While Google’s presentation shows that its AI can come up with answers on its own, these summaries are based on articles, cooking blogs, product reviews – content written by humans.
All of these sites rely on advertising revenue from people visiting their sites, something that may soon no longer be the case if users can get a summarized version of a site within just a few seconds after searching.
Google has tried to allay businesses’ fears that users will no longer see links or click on their sites. Ms. Reid stated in I/O that articles featured in AI Overviews will receive more traffic than traditional displays.
However, the company has not predicted whether overall search numbers will decrease. According to research firm Gartner, traffic to websites from search engines will likely decrease by 25% by 2026 – a disastrous number for most websites and content creators.
– Billionaire Jensen Huang’s assets increased 30 times in 5 years
Billionaire Jensen Huang, founder of Nvidia, owns more than 91 billion USD, dozens of times more than in 2019, thanks to the global AI chip fever.
5 years ago, Mr. Jensen Huang (Hoang Nhan Huan) owned shares worth only 3 billion USD in an American chip company. But after Nvidia shares peaked on May 23, Huang’s assets are now $91.3 billion, according to the Bloomberg Billionaires Index.
Nvidia shares increased in price after the company announced first-quarter business results that exceeded analysts’ forecasts. Nvidia recorded record revenue of 26.04 billion USD and net profit of 14.8 billion USD.
The company also expects second quarter revenue to reach 28 billion USD. This figure is higher than forecast, signaling to investors that Nvidia sees demand for AI chips still very strong. Nvidia believes that its customers can make high profits from its expensive chips.
“We will completely change the way computers work,” billionaire Jensen Huang declared.
Billionaire Jensen Huang currently owns 86.76 million Nvidia shares, equivalent to more than 3.5% of the company’s outstanding shares. Nvidia shares increased more than 9% yesterday, making Jensen Huang an additional 7.7 billion USD in just one day.
This year, Nvidia shares have doubled. Last year, this code increased 3 times. In the past 5 years, the US chip company’s shares increased 28 times. Billionaire Jensen Huang also bought more Nvidia shares, when the stock price hit bottom before the AI wave appeared.