larry page and sergey brin have come back for several meetings with company executives in recent weeks its search business. joining us is oppenheimer & company senior analyst jason alstein, jason, good to see you here >> thank you >> put these things together, a lot of trimming going on, a lot of these companies hired pretty indiscriminately for a few years. they're trying to figure out the correct cost structure on the other hand, they are going to have to make new spending efforts in other emerging areas >> sure. i think you have a number of factors happening hear so clearly the company hired a lot, head count up 50% since 2019 you have an activist investor pushing for head cuts but then you have chat gpt. on top of that, if you look at the outlook for advertising, they're not in as strong a position as they should be around the shift to connected tv and so ultimately we think saving some money on head count will allow them to invest in other areas. >> obviously one of the knocks on alphabet over the years has been a relative lack of attention to cost discipline they want to do many

properties and very few details "new york times" niko grant reported last week that larry page and sergei brinto help welcome to all of you, steve, what are the new developments? >> we finally got confirmation that microsoft lieutenant dump billions into a.i. they're not giving specifics on how much they'll investment, but we know there's previous reports that it will be $10 billion over the course of the year tied to some milestones, things like that. >> so they're confirming -- >> multibillion is the world they used. >> and that they will retain a very large percent of the profits? >> yes they're not closing that, but the reports say, yeah, they kind of get a sweetheart deal in this >> so let's turn to niko for details. i was thinking about it to find one simple e-mail in my inbox, if checked say chatgpt could make search bers, i would -- what are you hearing >> you'll see google apply this, and across every product area. so, you know, there was a time back in 2008, speaking of e-mail when larry page saw a new feature for e-mail and was unimpressed. he was saying, why can't it write the e-ma

. >> and let me ask you about this report that larry page and sergey brin might be called back in whynd for what purpose >> right you're referring to "the new york times" report it said larry and sergey had been brought in to basically weigh in on the company's a.i. roadmap for its artificial intelligence and products. as we saw with open a.i., the san francisco start-up that came out with chat gt, very popular over the last few months, this chatbot, the company has been looking to respond we've reported they've been telling employees internally, hey, we're working on this this is something we have to think about. but there are more things we have to take into account as a large company if we are going to come out with something competitive around chat gpt. supposedly, it's similarly in line with what they plan on doing as a response to that. the company hasn't confirmed with us yet. the report has come out this morning, but it's possible that, you know, sergey and larry have no interest in coming back in a role of ceo or president they have no interest in the common core advertising

next, klaus schwab asked google sergey brin in 2017. you can watch the video ten years. we're sitting here, we have implants in our brains. we can immediately feel because you have implants, you can measure all your brainwaves and see how the people. do you think that's imaginable. and of course, brin had nothing but nice to say. oh, sure, it's imaginable. this is normal. they had ahead of the major pharmaceutical on this past meeting in davos talking about pills. they develop. they don't have tracking devices to people's compliance of medicine. again are at the davos conference is info video fully released nothing there they're going for a biomed secure security state. this is what they're trying to impose and it's building on previous ones. again, the patriot act created a surveillance state against us and it's been renewed. no republican opposition and it's not going anywhere. government can openly spy on us citizens every. crisis that we've had has advanced and covid brought it all together with a bow tie for big government and for central planners. next clovis clima