Due to ChatGPT, Google in danger, search share falls below 90% for the first time in 10 years

For the first time, Google's reign is seriously challenged. According to Third Bridge analyst Scott Kessler, for the first time in 10 years, Google has dipped below a 90% global market share of search. The primary reason behind this decline is OpenAI's ChatGPT, which people are increasingly using instead of Google.

According to experts, ChatGPT is currently processing 15–20% of daily Google search volume. The New York Times report indicates that ChatGPT has proven to be a greater challenge to Microsoft's Bing.

According to reports, ChatGPT's accurate and advertising-free information is influencing people. People are taking help from ChatGPT for office work and planning their holidays. Apart from this, this tool is adept at many tasks, including coding, preparing content, making pictures, and creating graphics.

Google has responded to this challenge by launching 'AI mode', which now works like a chatbot in the search engine and gives information in detail about the search. According to Google, AI mode is now being used by 100 million users.

In the earlier part of this year, Google's stock dropped by 25% because the search income is at risk. Over half of the company's revenue and 75% of its profit derive from it. Due to AI tools, simple searches are now shifting to options like ChatGPT instead of Google.

Google is already facing two antitrust trials, in which it has been considered a search monopoly. The US government has even said that Google may need to be broken up.