Sundar Pichai was interviewed by David Rubenstein.
Earlier today I noticed that they have posted couple of clips on YouTube.
And the full interview went live on Bloomberg just an hour ago – its around 24 minutes long.
Sundar and David talked about many things but as you might already know I’m interested in Search side of things more.
So here are some key quotes and what Sundar said/mentioned about Search and some points which might affect Search I think.
I’ve extracted these out of transcript of interview.
Recent Legal Issues Facing Google
Sundar – “I think scrutiny is inevitable. And we’ve always engaged very respectfully and responsibly through these processes, even in the current david rubensteinruling. I mean, the ruling goes to great lengths to point out that we achieved success by innovating. Our competitors acknowledge that we are the best search and search engine in the world.”
Google’s responses to lawsuits
Sundar – “We definitely disagree with the ruling, but we’re still in the middle of the remedies phase, and we will appeal. This process will likely take many years. And, you know, I’m confident, given that we are focused on innovating and using technology, we will do well in the long run.”
AI’s role in Google Search
Sundar – “We have developed a lot of the core underlying technology, a lot of it powers search today. So part of what has helped us keep search ahead of everyone else is by incorporating a lot of AI in how we do search.”
AI powered Search Features
Sundar – “So today, if you go to Google and type in a query, we, for many queries, we give something called an AI or view, and you get a nice summary on top, which we are summarizing the top processes and giving context around it, using AI. It’s been very well received. People love it.”
Google’s Ecosystem and Web
Sundar – “We’ve been around for the past 25 years. People come to Google because they’re not only looking for what they want, but they enjoy the richness and the diversity of what exists on the web, right? So people are clicking through and going to a lot of sites. That is important for us.”
Monetization of Google Search & Future of Advertising
Sundar – “The way we think about it is, when users come looking for information, there is some aspect of it where they are looking for commercial information. It’s naturally in the user’s intent, and when their intent is commercial, you know, advertising turns out to be very, very relevant information.”
Sundar – “That was a core insight behind how we monetize Google search; that adds a valuable information when users have a commercial intent. That doesn’t change just because there’s a new underlying technology, right? People are always looking for commercial information, and providers of that information, merchants, businesses, are trying to reach users. And so that dynamic will continue to exist.”
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