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Tesla Investor Ross Gerber Warns Google Faces 'Existential Threat' From AI Search Tools Like ChatGPT And Perplexity

Ross Gerber, CEO of Gerber Kawasaki Wealth and longtime investor in Tesla Inc., has voiced his apprehensions about the sustainability of Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google’s business model.

What Happened: On Wednesday, Gerber took to X, formerly Twitter, and underscored the mounting threat to Google from AI search competitors like OpenAI’s ChatGPT and Jeff Bezos-backed Perplexity AI.

“Google has a real issue with AI related searches eating into their business. Perplexity AI is pretty impressive, along with ChatGPT. I barely use traditional search anymore,” he posted.

Google has a real issue with AI related searches eating into their business. Perplexity AI is pretty impressive, along with ChatGPT. I barely use traditional search anymore… $GOOG $MSFT

— Ross Gerber (@GerberKawasaki) October 16, 2024

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