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How Will ChatGPT Get Monetized? episode artwork

Jan 15, 2023 17 min

How Will ChatGPT Get Monetized?

from FourWeekMBA Hosted by Gennaro Cuofano

In a research paper, back in 1998, entitled, The Anatomy of a Large-Scale Hypertextual Web Search Engine, Page and Brin, Google's founder, explained: Currently, the predominant business model for commercial search engines is advertising. The goals of the advertising business model do not always correspond to providing quality search to users. For example, in our prototype search engine one of the top results for cellular phone is "The Effect of Cellular Phone Use Upon Driver Attention", a study which explains in great detail the distractions and risk associated with conversing on a cell phone while driving. This search result came up first because of its high importance as judged by the PageRank algorithm, an approximation of citation importance on the web [Page, 98]. It is clear that a search engine which was taking money for showing cellular phone ads would have difficulty justifying the page that our system returned to its paying advertisers. For this type of reason and historical experience with other media [Bagdikian 83], we expect that advertising funded search engines will be inherently biased towards the advertisers and away from the needs of the consumers. Yet, Google has become the most powerful advertising machine of our time! How will ChatGPT be monetized instead? Reference: http://infolab.stanford.edu/~backrub/google.html

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