In every industry, the new challenges people to stay current and offer something that people want or desire or think they want and desire. The challenge for the management group is to ensure its shareholders they are aware of the new thing and the company is active adding to its products and services. If the company can show it has the new thing, then its customers can stay loyal, the shareholders are happy the company is being innovative, and results will be rewarded in the future. At the present moment, the new thing is AI because of OpenAI released ChatGPT. Many companies have been using AI for a number of years, but it was in the background. OpenAI brought the ability to use AI to forefront and very soon it will be a standard feature.

The biggest and most profitable technology company in the world is Alphabet which includes Google, the world’s most used search engine. We know the big technology companies were spending research dollars on AI for the past decade, but there was no consumer application or readily available consumer application, then came OpenAI, what was Google to do?

In an article by Nico Grant and Cade Metz of the New York Times News Service, Google stepped off the sidelines and released its version of AI called Bard. Google noted the rollout will take some time, users in the United States and the UK will have access to it first. Bard has been in the works since 2015.

Google announced that AI was coming to applications such as Docs and Sheets, which businesses have to pay to use. The underlying technology will also be on sale to companies and software companies who wish to build their own chatbots or power new apps.

Linking to dividend paying stocks, when companies are profitable and paying dividends, they are doing good things, however Wall Street looks forward or what will the company do in the future? One method to do this is how does the company react to what is new? Is the company working on the new to incorporate in their operations? how does it manage its change, and does it adapt and change? If you see the company adapting, then that is good thing and one more reason to continue to own the stock or do nothing. If you do see the company adapting to what you think is important, it is time to seek alternatives.

There are more questions than answers, till the next time – to raising questions.