Naval Ravikant Says OpenAI May Prove Google Wrong — Would You Pay $20 For Better Search?

Naval Ravikant, prominent entrepreneur, investor and author, has made a bold statement about OpenAI proving Alphabet Inc.'s GOOG GOOGL Google wrong. 

What Happened: On Tuesday, Naval, best known for his work as the founder of AngelList, took to Twitter to share views with his two million followers. 

See Also: ChatGPT For Good Or Evil? Experts Flag Cybercrime Use Cases For AI Tools

He said OpenAI, the parent company of chatGPT — the AI-powered chatbot that has taken the world by storm — has the potential to challenge Google's "implicit assumption" that users would not be willing to pay $20 per month for significantly enhanced search capabilities. 

Ravikant was most likely referring to chatGPT's premium subscription plan that costs users $20 and offers many benefits, including but not limited to general access during peak times, faster response and priority access to new features. 

The premium subscription plan is currently available to customers in the U.S. only, although OpenAI plans to expand access to additional countries soon. 

Why It's Important: It was previously reported that chatGPT's popularity led to Google declaring "code red" and Sundar Pichai increasing involvement in the company's AI strategy. 

Just months after OpenAI released chatGPT for testing, Microsoft Corporation MSFT launched a new version of Bing, powered by the same technology, followed by Google launching Bard, a language model for dialogue applications

Check out more of Benzinga's Consumer Tech coverage by following this link.

Read Next: Google Bard Vs. Microsoft Bing: Which Side Are Tech Experts On?

Market News and Data brought to you by Benzinga APIs
Posted In: NewsTechArtificial InteliigenceChatGPTConsumer TechGoogleNaval RavikantOpenAisearch engineWeb search
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!