Jim Cramer Offers Simple Explanation as to Why Google’s Core Business Could Soon Be in Shambles

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The Street

By Tony Owusu If he’s right, yikes! Every once in a while investors become obsessed with a new tech fad that may or may not have a legitimate business use case. OpenAI’s ChatGPT artificial intelligence text generator is that fad for the first quarter of 2023 and investors are taking sides as tech giants begin to battle over the next generation of AI. Shares of Google parent company Alphabet (GOOGL) – Get Free Report dropped nearly 9% this week as investors seem underwhelmed with its own AI offering, Bard, while Microsoft (MSFT) – Get Free Report reaps the benefits of its investment in OpenAI. …

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