Perplexity CEO Aravind Srinivas to students on BigTech: You got to live with that fear, they will ...
Aravind Srinivas
, CEO of AI search startup Perplexity, gave a blunt piece of advice to the aspiring entrepreneurs at Y Combinator's AI startup school: expect your ideas to be copied by
Big Tech
companies. Srinivas revealed that at the launch event
Perplexity
allowed its chatbot to crawl the web and now all the rivals companies such as
,
OpenAI
and Anthropic have the similar browsing functionality. So 'you will have to learn to live with that fear'.
Perplexity CEO Aravind Srinivas warned students on BigTech
As reported by Business Insider, speaking to the undergraduate, graduate and PhD students, Srinivas warned that the big tech giants such as Google, Meta and OpenAI are constantly looking for new revenue streams which can easily replicate any new innovation and also looks promising. "If your company is something that can make revenue on the scale of hundreds of millions of dollars or potentially billions of dollars, you should always assume that a model company will copy it," Srinivas said.
Srinivas also shared his own experience with Perplexity. He revealed that in December 2022, his company launched its answer engine with the functionality of real-time web crawling. Soon, the same feature was adopted by rival companies like Google's Gemini,
ChatGPT
and Anthropic's Claude. "They will copy anything that's good. I think you got to live with that fear," Srinivas said.
Srinivas also asked the young founders to work 'incredibly hard' and don't get discouraged by imitation. He also urged the founders to keep on working on creating a differentiated products and resilient brands. Perplexity's communications lead, Jesse Dwyer also believed in the same sentiment and told Business Insider that the Big Tech companies not only copy your features but they also try to drown your voice.
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Perplexity recently launched its Comet browser and soon OpenAI also announced that it will launch its AI-powered browser in coming weeks. 'Browser wars should be won by users, and if users lose Browser War III, it will be from a familiar playbook: monopolistic behaviour by an 'everything company' forcing its product on the market," Dwyer told BI.
OpenAI to launch AI-powered web browser
In related news, OpenAI is reportedly gearing up to launch an AI-powered web browser that could directly rival Google Chrome, as reported by Reuters. This upcoming browser aims to redefine how users interact with the internet by embedding ChatGPT-like functionalities into the browsing experience itself. Features may include real-time summarisation, voice commands, contextual memory, and smart search optimisation across websites and media platforms. If OpenAI successfully attracts even a portion of its 500 million weekly ChatGPT users, it could severely disrupt Alphabet's ad-revenue model, which heavily relies on Chrome for user data collection and default search engine routing.
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