Bitcoin has surpassed Google in the global asset rankings, now ranking fifth globally. However, I'm not suggesting you should buy BTC right now; instead, Google seems to be at a good entry point. Recently, Google experienced a significant drop due to Apple's consideration of incorporating more AI into search. Its current price-to-earnings ratio is now the lowest among the seven major U.S. tech giants. AI has the greatest impact on three sectors: advertising, finance, and gaming. These are the sectors closest to monetization. AppLovin (APP) achieved a $100 billion valuation by leveraging AI-optimized advertising algorithms. Compared to search market share, it is evident that for Google, optimizing existing ad placements is more critical than increasing search market share. Based on several key factors, Google is far from being written off and may even see a significant revenue boost due to AI: 1. Google is not weak in the AI field, ranking just behind OpenAI. 2. Google owns products like Search, Maps, YouTube, and Android, which have accumulated vast amounts of user and behavioral data. In the AI era, data is gold, and its potential for utilization is enormous. 3. Search ad revenue has not decreased despite a drop in market share, with earnings surpassing previous financial reports.
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