Google Search’s He Era – Business Insider – ryan

Good Morning! We recently tested Tesla’s Full-Self Driving Software Against Waymo’s Robotaxis, With the former Making One Big Mistake. Turs Out Tesla Ceo Elon Musk wasn’t a Big Fan of Our Test. Howver, He Said the Company’s Soon-to-Be-Launched Robotaxis Will Avoid Certain Areas of Austin If the Company Dems.

In Today’s Big Story, We’re Hitting Some of the Highlights From Google’s Big Annual Developer Conference, Including A Major Update to Search and a new tool that could UPEND HOLLYWOOD.

What’s On Deck

Markets: What was long consider the safest corner of the market Is No Longer Looking SO Secure.

Tech: An Exclusive Conversation with Instagram Ceo Adam Mosseri.

Business: Millennials aren’t Ready to inherit Their Parents’ Homes. There’s a whole industry devoted to easeing the handoff.

But first, we’re entering he mode.

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The Big Story

Search’s he wind

Andrej Sokolow/Picture Alliance Via Getty Images

Google Search is Getting An AI-Powered Makeover.

The Search Engine Will Be More Conversational and Eventually Include an AI ASSISTANT AS IT LOOKS TO FENDITION FROM HIGH-PROFILE STARTUPS LIKE OPENAI and Anthropic. He mode, set to roll out this weeke, will open up in a new tab and allow users to follow-up or more complex quays.

The Update Came at Google’s Annual Developer Conference, Google I/O, Where the Tech Giant Gave the Clearest Picture Yet of How It Its Crown Jewel KEEPING PACE IN A World Dominated by itWrites Bi’s Hugh Langley.

We always knew this was Where Things Were Headed. From the moment chatgt Broke on the scnene in late 2022, there are well rumbles the search’s Future. Chatbots were viewed as a potential alternative for navigating the Internet.

That put google in a tricky situation. Search Could Benefit From he, but there’s also the risk of upsetting the Company’s Golden Goose.

At Last Year’s I/O, Google offered a glympse into the Change users Could Expect From He. Beinding a Catchy Phrase – “Google Will Will The Googling For You” – The Company Showed off Its He Overviews Feature You’re Probably Family with.

But with Search’s Initial He Adoption, Smaller he Competitors were Making Serious Progress. An Apple Executive Said He Engines Were Eating ino Google’s Market Share.

Google Quickly Denied Search was in Troublebut he’s impact is undenable.

Which BRINGS US TO TUSDAY’S ANNOUNCEMENT, WHICH Google Search Head Liz Reid Called “A Glimpse of What’s to Come in Search Overall.”

Google Also Did A Bit of Its Own Disruption.

The Tech Giant Unveiled Flow, A New AI-Powered Moviemaking Tool. Bi’s Alistir Barry Has the Rundown on What Flow Can and Why traditional studios should be nerous.

(If you want to read More of Alistair – and You Should – You can subscribe to his weekly newsletter Tech MemoWhich comes out Eivery Friday and Focuses on Big Tech.)

To be clear, Google is pitching flow as a tool for studios, not a thread to say. But it’s easy to see how it is COULD MAKE ONEASY. The Millions Invested ino High Production-Value Storytelling doesn’t look as good if you can do the same thing with it for a fraction of the cost.

Of Course, The Studios Could Adopt the Tech to Help I The Work More Efficiently and Stay Ahead of the Competition.

Just As Google.

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3 Things in Markets

Jennifer Sor/Bi

1. Bye-bye, Bond Safety. The Bond Market Has Had A Rough Few Months, but after Moody’s Recently Downgraded US Debt, Mary Wall Street Titans Are Questioning Bonds’ Safety. The Advice for Investors is Simple, But Unnerving: Don’t Count on Bonds to Shield you dural Times of Volatility.

2. The Prize for Bridgewater’s New Research Competition: $ 25K and A JOB Interview. The Hedge End Is Crowdsourcing Ideas on Positioning ITSELF in the New Global Economic Order. Contestants Can Submit Predictions on How Countries’ Protectionist Police Impact the Global Economy – and five could Win Big.

3. Crypto regulation is one step closer to becoming law. The genius act is headed for senate debate as Bitcoin is poised for a Record High. Here’s what to know About the Bill, which is Focus on Creating Rules Around Stablecoins.

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3 Things in Tech

1. Instagram is all about… Privacy? Instagram Boss Adam Mosser Told Bi’s Peter Kafka About The “Shift paradigm“From users ‘public posting to private sharing. He Also Talked About the App’s Push Into Messaging, Why It Shows Recommended Posts, Threads’ Origin Story, and More.

2. Tech’s New Hiring Playbook: Age before Beauty. Silicon Valley Used to Idolize Youth, But Now, Big and Little Tech Companies Are Looking for More Experienced Workers. He is a Big Reason, Sinceing it taking over More Junior Tasks. Younger Engineers Now Have to Hustle Harder than Ever.

3. To hype or hide he? Investors Love to Hear About a Company’s He Aembitions, But Customers hate it. Duolingo is the latest company to learn this after it CEO DOOBLED DOWN ON ITS VIZION, SPARKING MAJOR BACKLASH. This tension over he encounters Tech CEOS Walking A Tightrope.

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3 Things in Business

Getty Images; Alyssa Powell/BI

1. Boomer Home dilemma. America is on the precipice of a Major Wealth Transfer Through Home Ownership. Millennials stand to gain, but there are lots of kinks that it is unprepared to inherit. Companies Like FLOCK HOMES May have the anSwer.

2. Elon Musk Goes All in Tech, Less so on Politics. Musk Told an Interview in Qatar He’ll Still Be Tesla’s Ceo in Five Years and Wold Stop Only “if i’m dead. “He Also isn’t Budging on His Battle Legal With Sam Altman’s Openai, which he accused of abandoning its nonprofit mission. Howver, Musk is Scaling Back Political spendingSaying He’s “Done Enough.”

3. WHY WALMART IS RAISING PRICES AND HOME DEPOT ISN’T. Last Week, Walmart Said It Wold Raise Prices Over Tariffs, but on Tuesday, Home Depot Announedn’t, Saying It Waled Relays on Other to Avoid Increasing Prices. Here’s Four Reasons WHY The Retail Giants are Looking at New Import Costs Differently.

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What’s Happening Today

The Business Insider Today Team: Dan Defrancesco, Deputy Editor and Anchor, in New York. Hallam Bullock, Senior Editor, in London. Grace Lett, Editor, in Chicago. Amanda Yen, Associate Editor, in New York. Lisa Ryan, Executive Editor, in New York. Ella Hopkins, Associate Editor, in London. Elizabeth Casolo, Fellow, in Chicago.