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The End of Google

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Wed, Nov 22, 2023 09:01 PM

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Colin?s note: OpenAI has reinstated CEO Sam Altman… It?s been less than a week since the Op

[The Bleeding Edge]( Colin’s note: OpenAI has reinstated CEO Sam Altman… It’s been less than a week since the OpenAI board sacked Altman and sparked a revolt across the company. More than 700 employees threatened to walk. This is probably why, as of last night, Sam Altman has returned and the board members responsible for his initial exit will resign. It’s all very sensational. But there’s one thing I want you to take away from all this drama. While OpenAI’s vision going forward is still up in the air, one thing is clear: Microsoft is holding the lead in the AI race… While another tech giant’s poor leadership may spell disaster down the line for it. I get into it all in today’s video. Just click the image below to watch… Or you can read the transcript below that my team has edited for flow… --------------------------------------------------------------- Hello everyone, and welcome to The Bleeding Edge. This week, the AI industry was turned upside down. The uncertainty, drama, and distractions have been like a soap opera playing out in real-time. Recommended Link [WARNING: These 110 Banks Could Replace the U.S. Dollar in Weeks]( [image]( Please, pay close attention because if your bank is on [this “blacklist” with 110 banks]( your entire life savings could be at risk. According to this famous banker, you must move your cash before December 13th… Or risk losing everything. [Click here for the three critical steps to take]( to prepare for what The Wall Street Journal called a “game-changing development.” [PREPARE NOW.]( -- [In case you missed it, the board at OpenAI – the company behind the popular chatbot ChatGPT – gave CEO Sam Altman the boot earlier this week. And what followed was essentially a mutiny as more than 700 of the company’s roughly 770 employees threatened to walk out unless the sitting board resigned… and Altman was brought back.] The future of Sam Altman's leadership and the fate of ChatGPT were a mystery. But it appears that at least one part of the OpenAI saga is over. Last night, the company revealed that Sam Altman, the popular CEO, is returning. And a new board of directors and potentially an entirely new corporate structure awaits. It’s uncertain how the drama and new board will change OpenAI’s vision going forward. But one thing is crystal clear… Microsoft remains at the head of the table when it comes to AI. The tech giant acted swiftly over the weekend to ensure that it will remain in the driver's seat when it comes to AI development. Recommended Link [Google’s billionaire founders are back (here’s how to profit)]( [image]( They founded Google, making history and making early investors insanely rich. And now, after retiring three years ago... Google’s billionaire founders Larry Page and Sergey Brin are back. And their return marks the beginning of a new era for Google that could make you rich. You see, they’ve returned to launch Google’s biggest artificial intelligence project yet. And one Google millionaire has found a way for you to profit from this new AI project right from your brokerage account. [Click here for the full story.]( -- Almost immediately, Microsoft hired Sam Altman and other staff who were either let go or felt betrayed by OpenAI. Microsoft CEO Satya Nadella did a television interview with Bloomberg and maintained communication on social media platforms like Twitter – now known as X. Ultimately Sam Altman’s return to OpenAI will maintain a partnership between the two companies again… giving Microsoft a distinct advantage going forward. Another thing that became apparent this week is the lack of leadership at Google. Where was Google during all this? CEO Sundar Pichai hasn’t tweeted or provided any communication. Other Silicon Valley tech CEOs like Marc Benioff of Salesforce were actively recruiting OpenAI employees… going so far as to provide his personal email address for applicants to apply. Recommended Link [“Amazon Loophole” Allows Anyone to Collect Payouts]( [image]( Amazon. It’s one of the most profitable companies on Earth. Yet, according to Brad Thomas, a multi-millionaire, best-selling author, and former economic advisor to President Trump... What few people realize is, thanks to a little-known IRS loophole — billions of dollars get paid out each year... Required by law! With the next payout scheduled to go out as soon as December 10th! Brad has been featured on Bloomberg, Fox & Friends, Barron’s, CNN, Kiplinger, NPR, MSNBC, and Forbes... But he’s never revealed this secret anywhere... Until now... [Watch the Video Now (Brad Reveals Amazon “Payout” Loophole)]( -- Google was nowhere to be found. The tech giant has already been embarrassingly slow in the AI race. Microsoft has beaten the company to the punch on virtually all product announcements and releases. Microsoft’s partnership with OpenAI has a lot to do with that. But it’s not like Google hasn’t been working on AI for longer – with significantly more resources than OpenAI has – even with Microsoft as a partner. Google’s ChatGPT competitor Bard is still an experiment in beta testing. I use it occasionally but find that ChatGPT is far superior across most tasks. Google has teased a product called Gemini that was slated to release this month. But rumors are that the product won’t be seen until next year. This is a disgrace. We’re witnessing one of the world’s greatest tech companies fail to rise to the occasion. This falls directly on the shoulders of CEO Sundar Pichai. If the company had a viable alternative to ChatGPT, it could have solidified itself as a much stabler and more reliable AI solution. The fact Google’s AI product is still in beta testing and Gemini is not shipping until 2024 is unacceptable. With legal and investing analysts believing that Google could lose its antitrust lawsuit – and potentially lose its ability to be a default search engine – Google is in big trouble. The lack of leadership, execution, and showing up during one of the most memorable weeks in tech history tells me the tech giant’s days are numbered. The OpenAI drama opened a door for Google – and they didn’t show up. I’d avoid Google stock until they find a leader who can rise to the challenge. And if you’re a shareholder of Microsoft – or any other tech companies that are aggressively acting during this AI arms race – I’d be thankful. Speaking of thankful … I hope you all have a wonderful Thanksgiving. Safe travels if you are heading off somewhere. I look forward to seeing you again soon. My name is Colin Tedards, and that was today’s Bleeding Edge. --------------------------------------------------------------- Like what you’re reading? Send your thoughts to feedback@brownstoneresearch.com. IN CASE YOU MISSED IT… [Here’s what happened from 2020-2023…]( They printed $13 Trillion… Gave you $1,400… Sent the rest to their friends… And left you with inflation. But what’s coming next could be much worse. [Click here to find out how to protect yourself…]( [image]( [Brownstone Research]( Brownstone Research 55 NE 5th Avenue, Delray Beach, FL 33483 [www.brownstoneresearch.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Brownstone Research welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-512-0726, Mon–Fri, 9am–7pm ET, or email us [here](mailto:memberservices@brownstoneresearch.com). © 2023 Brownstone Research. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Brownstone Research. [Privacy Policy]( | [Terms of Use](

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