Published on October 24, 2023, 6:52 pm
Generative AI: The Potential Impact on the SEO Industry
Artificial intelligence (AI) has come a long way since its inception in the 1950s. However, it is the emergence of generative AI that raises some significant questions and concerns. Generative AI is a specialized form of AI designed to create content such as text, images, video, and music by analyzing patterns in datasets. Its capabilities have already been used to generate deepfake videos and voice messages.
While generative AI holds great promise for enhancing user experiences, there are also legitimate concerns about its impact on the search engine optimization (SEO) industry. Giants like Google and Microsoft argue that generative AI tools like ChatGPT will revolutionize internet searches by providing users with direct answers instead of making them sift through countless URLs. However, this development could potentially render the entire $68 billion SEO industry obsolete.
For over two decades, websites, news outlets, blogs, and many others have relied on SEO techniques to boost their online visibility. Consultants and marketers have made a profitable business out of advising on how best to optimize content for search engines. But as generative AI gains traction, these traditional methods may no longer hold the same value.
In today’s digital landscape, a user typically enters relevant keywords into a search engine and receives a list of results containing links to various sources. To grab users’ attention amidst fierce competition, content providers use strategies like SEO tactics, paid placements, and banner displays. For instance, news websites may hire consultants to help highlight essential keywords in headlines and metadata to improve visibility on search engine platforms.
However, generative AI shifts the paradigm by delivering direct textual answers instead of link-based results. If you were planning a trip to Destin, Florida and typed in “Create a three-day itinerary for a visitor,” Bing AI would provide you with a detailed itinerary directly without having to click through multiple sources or read extensive blog posts. As AI-generated answers continue to improve in quality, users will have less incentive to browse through search listings, rendering paid links and SEO efforts useless.
This shift could have a significant financial impact on the SEO industry. The industry generated a staggering $68.1 billion globally in 2022 and was projected to reach $129.6 billion by 2030. However, these projections did not consider the potential obsolescence that generative AI poses.
Search engines like Google and Bing derive substantial revenue from online search services and advertising. Google, for instance, generated approximately 58% of its 2022 revenues (nearly $162.5 billion) from Google Ads alone. It is likely that major search engine providers will find alternative strategies to offset any losses suffered due to generative AI’s rise. However, the same cannot be said for SEO marketers and consultants who rely heavily on traditional search engine algorithms.
While it may be premature to predict the immediate demise of the SEO industry, the growth of generative AI suggests that its days may be numbered. Generative AI is still in its early stages, facing challenges such as accuracy, plagiarism detection, and trustworthiness. Nevertheless, with ongoing advancements and abundant resources dedicated to improving generative AI models, it seems inevitable that these models will eventually surpass traditional SEO practices.
In conclusion, generative AI is poised to revolutionize online searches by offering direct answers rather than forcing users to navigate through search listings. While this shift may enhance user experiences, it also threatens the existence of the multi-billion dollar SEO industry. As generative AI continues to mature and address its current limitations, it is only a matter of time before traditional methods are rendered obsolete.