Opinion Technology
February 15, 2023

AI Search Bots Will Make Big Tech Even More Powerful, Says Christopher Mills

In Brief

Christopher Mills argues that search bots are becoming increasingly important for big tech companies, with AI that powers them constantly getting better at understanding and responding to users’ needs.

Maintaining the performance of complex AI systems requires huge financial resources are needed.

This arms race is only going to heat up in the coming years, as the big tech companies pour more resources into making their search bots better.

The big tech companies are only going to get more powerful thanks to search bots, says Christopher Mills. That’s because the artificial intelligence (AI) that powers these bots is only getting better and better at understanding and responding to users’ needs.

This is huge since search bots is one of the most important tools the big tech companies have for keeping users engaged with their products and services.

AI Search Bots will make big tech even more powerful, says Christopher Mills
Recommended post: 10 Best AI Plugins for Figma to Help Designers Create Better Graphics

Now the main problem with search chatbots is the generation of unverified information. After a while, it may play into the hands of big technology companies. Why? Maintaining the performance of complex AI systems and providing constant training requires huge financial resources—we’re talking tens or even hundreds of millions of dollars. Only Google, Microsoft, and other big players can afford such spending.

The main task for the creators of AI solutions in the near future is to achieve user trust. There should be no doubt on client’s mind as to whether the chatbot has provided correct information. In order to avoid creating fake news and providing users with false information, not only money is needed but also a whole host of employees who would test and “tweak” artificial intelligence as needed. These factors are likely to only strengthen the position of big tech in the economy and in the world as a whole.

Mills’ arguments are indirectly confirmed by the example of Open AI: For the sake of its own development, a startup passed the bot under the control of Microsoft and will give away 75% of its revenue in the coming years.

The better the search bot, the more likely users are to keep using the product or service. And the big tech companies are well aware of this. “The search bot is becoming more and more important for the big tech companies,” said Mills.

They are putting a lot of resources into making sure that their search bots are the best they can be.

This arms race is only going to heat up in the coming years, as the big tech companies pour more and more resources into making their search bots better. And, as always, that’s bad news for the rest of us.

Recommended post: 100 Best ChatGPT Prompts to Unleash AI’s Potential

As these tech giants dominate the market and become even more powerful, it is important to ensure that their technological capabilities are not used to further monopolize the market and limit competition. They are going to have an even tighter grip on our attention and our data.

So what can we do about it? Unfortunately, not much. The best we can do is to be aware of the problem and to try to use other, less-centralized search tools when we can.

  • The cost of training large AI models is expected to rise from $100 million to $500 million by 2030, meaning that only the wealthiest companies and individuals will be able to afford it. This has a number of implications for the future development of AI, such as a concentration of AI development in the hands of a few large companies and a divide between those who can afford to use AI technologies. It could also lead to the development of AI technologies that only benefit the wealthy and further exacerbate inequality. The cost of training machine learning models has been steadily rising, driven by the need for more data and more computing power.
  • Google is reportedly testing its own artificial intelligence (AI) products as it races to capture its portion of the AI market share. One of these products, Bard, is based on the company’s LaMDA (Language Model for Dialogue Applications) technology and functions similarly to ChatGPT.
  • In 2023, Microsoft and Google will be locked in a titanic battle over artificial intelligence (AI). Microsoft has invested heavily in AI and is working on a new chatbot with OpenAI, which is taking the internet by storm. While Google is still the leader in web search, many users dislike numerous advertisements and spam links that pop up in search results. ChatGPT is a new player in the market that is able to find information faster and more accurately than Google without the need for users to trawl through hundreds of spammy and ad-filled pages. This could lead to Google becoming less relevant and less important in the world of search engines as users switch to using ChatGPT as their primary source of information.

Read more news about AI:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet. 

More articles
Damir Yalalov
Damir Yalalov

Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet. 

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Malta Embraces Crypto Future As Gate.MT CEO Highlights Next Wave Of Blockchain Evolution
News Report Technology
Malta Embraces Crypto Future As Gate.MT CEO Highlights Next Wave Of Blockchain Evolution
November 1, 2024
Binance Blockchain Week 2024 Ignites Dubai with Bold Visions for Web3, AI, and the Future of Crypto Innovation
Opinion Business Lifestyle Markets Technology
Binance Blockchain Week 2024 Ignites Dubai with Bold Visions for Web3, AI, and the Future of Crypto Innovation
November 1, 2024
Hedera Introduces Bonzo Finance Liquidity Layer To Catalyze DeFi Growth On Its Network
News Report Technology
Hedera Introduces Bonzo Finance Liquidity Layer To Catalyze DeFi Growth On Its Network
November 1, 2024
Layer 1 Blockchains or Layer 2 Solutions The Intense Debate Over the Future of Blockchain Scalability
Opinion Software Technology
Layer 1 Blockchains or Layer 2 Solutions The Intense Debate Over the Future of Blockchain Scalability
November 1, 2024