> I agree that MS is executing well, but why would Google be afraid? There's no AI moat keeping anyone from replicating what MS is doing. It's not an AI moat.

> I agree that MS is executing well, but why would Google be afraid? There's no AI moat keeping anyone from replicating what MS is doing. It's not an AI moat. It's about business models. If MS takes even a small fraction of Google's search traffic, and/or convert a small fraction of people from Chrome to Edge, it'll hit Google's bottom line at the one place that's a huge majority of their revenue and profits. MS has nothing to lose and Bing GPT4 integration is very good. Flip side, there's no area where Google is significantly threatening MS. Office suites: MS copilot announcements go significantly further than Google (Business Chat). Cloud: Azure's relationship with OpenAI and rapid product expansion could see it gain share. MS is moving very quickly and coordinating across the entire company. Google is moving slowly. And company-wide execution? Well. That has never been their strong suit.