00:00:00 · Jordi Hays, John Coogan
[00:00:00] S0: You're watching TBPN. [00:00:01] S1: Today is Thursday, 07/24/2025. We are live from the TBPN Ultradome. [00:00:05] S0: The Temple Of Technology. The fortress science. [00:00:08] S1: The capital of capital. It's Google earnings. Earnings season. Baby, big tech earnings are happening now. Google reported earnings last night. Ben Thompson has a breakdown. It's in the it's in the Wall Street Journal. [00:00:21] S0: Them again. [00:00:21] S1: Bunch of good posts. We're gonna break it down for you today. So, bugo capital blokes says, many queries that moved to OpenAI will move back to Google. AI overviews are good now. Less hallucinations. I've experienced that. For some of those quick answers, Google's still really fast. Two, can move to AI mode for follow-up. I haven't really played around with that yet. Have you bounced into AI mode very much? [00:00:46] S0: Of course. [00:00:46] S1: You have. Of course. In Google searches, you've actually done that? Yeah. Oh, interesting. [00:00:50] S0: And and the main thing missing [00:00:52] S1: Yeah. [00:00:52] S0: From Google search and the reason why ChatGPT has so good Yeah. Is you can search something, get information, and then chat with that information. [00:00:58] S1: Yeah. Now you can do [00:01:00] S0: that. Typical, you know, you're going down a a search query, you click onto a page, you can't really chat with the page or Yeah. You could maybe search for information on So that that was the key innovation.
00:01:00 · Jordi Hays, John Coogan
[00:01:00] S0: that. Typical, you know, you're going down a a search query, you click onto a page, you can't really chat with the page or Yeah. You could maybe search for information on So that that was the key innovation. [00:01:12] S1: Yeah. Type into toolbar v open new app. That is a huge advantage. A lot of people have you know, the the primary app on their laptop is that's open is a Chrome browser for most people. And so, you know, command t and you're already searching, that is a huge advantage. And that's probably why ChatGPT is starting an open ass thinking about a browser because if they can replace that, they can get way more queries into ChatGPT. Four, Google's models are better. They search the web better. I don't know that their models are that much better. I haven't noticed that specifically. I know that they're better on like some benchmarks and they're certainly dominating on that Pareto frontier graph that Swix puts out. It feels pretty comparable to me. But yeah, it makes sense that they would search the web better because they have, you know, what two three it's it's [00:01:59] S0: it's it's they try to obfuscate it but to my knowledge, ChatGPT will leverage Google search.
00:02:06 · John Coogan
[00:02:06] S1: It does feel like that's kind of happening. And then Cloudflare just gave them a massive structural advantage. That of course is because Cloudflare by default now, they used to have like the big easy button for blocking all AI crawlers. Previously, if you had a website and you didn't want to be crawled, you could put that in your robots.robots.txt. So whatever your website was slash robot.txt. Yep. Crawlers should go there. And out of the goodness of their own heart, they would respect that, but it was not legally binding. So you could still scrape a website legally if you were using it in a fair use context, transforming it like for search. Now Google famously did respect robots.txt. They did for a long time. They still do. But now Cloudflare has disabled AI crawlers by default. The problem is is that Google has two crawlers. They have Googlebot, which crawls for Google search, which you definitely wanna be in for sure for the SEO. Who doesn't wanna be findable in Google? And then they have Gemini crawler, separate crawler that you can disable with Cloudflare. But the there is still AI sort of crawling happening with the Google bot because if the Google bot goes and and crawls all your web pages for search, that your data will show up in the in the, AI overviews, which feels like they're not maybe training the foundation model but they're still summarizing it and they still might be they still might be reducing traffic. Now, for publishers and content creators, that's harmful potentially. But for e commerce people, it's great.
00:03:39 · Jordi Hays, John Coogan
[00:03:39] S0: Yeah. So Yes. There was a post on r /seo five days ago Okay. Titled ChatGPT Plus is secretly Google powered. My hidden page experiment proves it. So he created a dummy page index only in Google Mhmm. And got it to show up in ChatGPT plus results within hours. The same query in Bing, DuckDuckGo, etcetera, still returned zero results. [00:04:02] S1: Interesting. [00:04:03] S0: And he did this by coining a nonsense word, put it on a page that was not linked anywhere, forced Google to index it via the search console. And then asked chat gbt plus to define the term which he invented and it quoted the hidden page verbatim.
00:04:03 · Jordi Hays, John Coogan
[00:04:03] S0: And he did this by coining a nonsense word, put it on a page that was not linked anywhere, forced Google to index it via the search console. And then asked chat gbt plus to define the term which he invented and it quoted the hidden page verbatim. [00:04:18] S1: Interesting. So, yeah. I wonder what that relationship's like. I mean, OpenAI has, you know, I I I felt like they were always be there would always be some relationship with Microsoft because Bing has really solid search infrastructure. Like, for a while, people were saying like, Bing has as robust as a of a crawling infrastructure as Google. Like they built the technology. They just weren't able to actually transform, you know, customer behavior to the degree that people would by default go to Bing. They ran this big campaign, Bing it and Go and all this. And it never really happened, but the tech was always good because they were they knew what to build and they went and built it. They just couldn't change people's behaviors. So interesting. I wonder if Google will be bringing out the sharp help us anytime soon for OpenAI. Anyway, let me talk about ramp. Time is money. Save both. Easy as corporate cards, bill payments, accounting, and a whole lot more all in one place. Go to ramp.com. So Tane, who's been on the show before, says Sundar Pichai on Google CapEx. With this strong and growing demand for our cloud products services. We are increasing our investment in capital expenditures in 2025 to approximately 85,000,000,000 and are excited by the opportunity ahead. We gotta hit the gong.
00:04:18 · John Coogan, Jordi Hays
[00:04:18] S1: Interesting. So, yeah. I wonder what that relationship's like. I mean, OpenAI has, you know, I I I felt like they were always be there would always be some relationship with Microsoft because Bing has really solid search infrastructure. Like, for a while, people were saying like, Bing has as robust as a of a crawling infrastructure as Google. Like they built the technology. They just weren't able to actually transform, you know, customer behavior to the degree that people would by default go to Bing. They ran this big campaign, Bing it and Go and all this. And it never really happened, but the tech was always good because they were they knew what to build and they went and built it. They just couldn't change people's behaviors. So interesting. I wonder if Google will be bringing out the sharp help us anytime soon for OpenAI. Anyway, let me talk about ramp. Time is money. Save both. Easy as corporate cards, bill payments, accounting, and a whole lot more all in one place. Go to ramp.com. So Tane, who's been on the show before, says Sundar Pichai on Google CapEx. With this strong and growing demand for our cloud products services. We are increasing our investment in capital expenditures in 2025 to approximately 85,000,000,000 and are excited by the opportunity ahead. We gotta hit the gong. [00:05:28] S0: Hit the gong for Sundar. Well deserved. Sundar pitch AI. [00:05:34] S1: He's pitching AI. He's pitching it successfully. The the the Google earnings are staggering. So 14% jump in year over year revenue. Guess their ARR, their annualized revenue.