The search giant's Gemini text-to-image tool was shut down after it was reported to be creating historically inaccurate images. The company's market capitalization was even wiped out by $90 billion earlier this week.
Analyst Ben Thompson said Google needed to make a change and “get rid of those who contributed to the chaos, including Sundar Pichai.” The article quickly spread within Google and Silicon Valley.
Agreeing with the above assessment, Mar Shmulik, an Internet analyst, said that it was time for a change at the “top level” of the technology giant. “Recent events raise the question of whether the current leadership team is suitable to lead Google into a new era.”
According to Business Insider, Google’s problem is that they are not good at releasing products as quickly as possible. There are too many “mechanical” barriers within the company, as well as the fact that this giant does not want to harm the search field.
Sundar Pichai became CEO of Google in 2015 and its parent company Alphabet in 2019. The Indian-born leader is considered “strong in peacetime” when it comes to effectively defending the search business and negotiating with regulators. For example, Google’s market capitalization has increased from $400 billion in 2015 to about $1.7 trillion today.
“Google Search can only face the existential problem posed by generative AI,” says Shmulik, if users move to other query platforms. But that will happen sooner or later. Consulting firm Gartner predicts that traditional queries could decline by as much as 25% by 2026 under pressure from AI chatbots.
Google seems to have sensed this and developed a new query tool that integrates AI. However, the company's product is really having problems, initially Bard "got into trouble" right at the launch ceremony, then renamed Gemini AI but was also forced to stop the service to deal with the problems considered "unacceptable".
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