The Numbers:Alphabet stock lost 2.66% on Monday and continued to fall overnight after a report that Samsung is considering replacing Google with Bing as the default search engine on its smartphones.
Shifting Trend: The generative AI industry is expected to grow more than 10x in the next decade and will likely revolutionize search engines.
Google's Response:Google in March released its own generative AI, Google Bard , but the experimental chatbot is in its early stages and has so far failed to impress, with many users reporting problems with the responses it provided.