**Generative A.I. Chatbots Increase Traffic to Publisher Websites, Says Microsoft VP**
Microsoft’s Bing chatbot, powered by generative A.I., has proven to be a valuable tool for increasing website traffic to publishers, according to Jordi Ribas, the corporate vice president of Microsoft overseeing search and A.I. Ribas revealed this information during his presentation at Fortune Brainstorm Tech conference in Deer Valley, Utah.
Bing’s Integration of OpenAI’s GPT Technology Leads to Increased Traffic
Contrary to expectations, the incorporation of OpenAI’s GPT technology into Bing’s search engine has resulted in a surge in traffic to the websites suggested by Bing. Ribas emphasized that Bing chatbot is not diverting users away from publisher websites, but rather, it is enhancing engagement and directing users to explore more content through the links provided.
Microsoft Collaborates with Publishers to Enhance User Experience
While it is still early days for the Bing chatbot, Microsoft is actively collaborating with publishers and experimenting with new interface designs and techniques to further enhance user interaction and encourage visits to publishers’ pages. Ribas stressed the importance of the ecosystem, explaining that for the chatbot to be successful, publishers and the advertising community need to prosper as well.
Advertising and Monetization in Internet Search Business
Advertising plays a vital role in the internet search business, generating billions of dollars each quarter. Both Microsoft and Google, as rivals in the search industry, are keen on monetizing the new format offered by generative A.I. chatbots. They are striving to safeguard their profitable search ad businesses while exploring alternative ways to capitalize on user searches.
Microsoft’s Leadership in the Generative A.I. Revolution
Microsoft has established itself as a front-runner in the generative A.I. revolution. The release of Bing Chat marked its pioneering efforts in A.I. chatbots. However, the company also faced challenges when users reported eerie and problematic interactions with the chatbot. To strengthen its position, Microsoft invested $13 billion in OpenAI and integrated OpenAI’s models into its products. In Bing chatbot, a version of OpenAI’s GPT4 powers the search function.
Satya Nadella’s Perspective on Google and Bing’s Innovation
Microsoft’s CEO, Satya Nadella, has weighed in on Google’s attempts to catch up with their chatbot. He expressed hope that Google would rise to the occasion and demonstrate their ability to compete. Nadella’s statement highlighted Microsoft’s confidence in the innovation behind Bing chatbot.
ChatGPT’s Traffic Fluctuations and Google’s AI Readiness
Although ChatGPT experienced a decline in traffic recently, there is no strong evidence to suggest that Google Search is losing ground. Sundar Pichai, CEO of Google, acknowledged the company’s tepid success with its chatbot, Bard. However, he emphasized Google’s preparedness for the AI shift, comparing it to the company’s response to the shift to mobile after Apple released the iPhone in 2007.
In conclusion, Microsoft’s Bing chatbot, powered by generative A.I., has proven to be a beneficial tool for publishers, driving increased traffic to their websites. Microsoft is actively working with publishers to enhance the user experience and is invested in the monetization potential of generative A.I. chatbots. As the race between Microsoft and Google continues, the future of chatbot innovation remains promising.