The
well-known internet search leader has captured worldwide attention by allowing
people to use its service without cost. However, the emergence of artificial
intelligence might drastically alter the existing business approach. As firms
such as OpenAI (ChatGPT) introduce subscription-based plans, Google is thinking
about implementing charges for its AI-enhanced search tool.
Based on the
information provided, a California company is exploring the idea of adding
AI-driven search capabilities to its existing payment services lineup. This
lineup already boasts the advanced Gemini AI model and Google One. Despite
these advancements, it's expected that ads will still play a role similar to
how they do in conventional search scenarios.
Last year,
the firm embarked on trials for a new search approach centered around AI.
Google named this initiative the "Search Generative Experience,"
which essentially provides users with concise summaries or direct answers to
their inquiries, alongside the traditional web link results.
Google has
recently initiated a pilot to embed this feature directly into its search
engine, albeit it's currently limited to a select group of users. To date, this
enhancement hasn't been rolled out to all users, likely due to the significant
resources these models demand.
In a related
development, the Financial Times reported that Google is preparing to launch a
new, subscription-based search engine version. In 2023, the company's
advertising revenues hit approximately $175 billion, a figure expected to rise
with the addition of subscription income. This shift might lead to an increased
reliance on AI for information retrieval, potentially reducing the use of
traditional search links on Google's platform.
The report
further suggests that Google's engineering team is set to introduce this
advanced, subscription-driven service aiming to improve the user experience
through AI, while also preserving the company's revenue from this significant
enhancement. The decision to launch this service hinges on whether customers
are open to a monthly subscription fee.