It is definitely solving a different problem than chatgpt though, and maybe a less inspiring problem. Chatgpt is like an open world game where you can do anything; Bing chat is just a point solution for the vicious spiral of SEO and Google’s profit motive that rendered search results and web pages so useless.
I’ve gone back to just using the GPT API, unless I absolutely need to search the internet or information after 2021 for some reason.
There are dozens if not hundreds of companies that could’ve done something profound like ChatGPT if they had full access to GPT3/3.5. And honestly, OpenAI stumbled a lot with ChatGPT losing history access, showing other users’ history… but that doesn’t matter much as the underlying technology is so profound. I think this really is a case of the under-the-hood capability (GPT3/3.5/4) mattering more than productization and execution.
(Now I think there are not a ton of companies that could do what Microsoft is trying to do by expanding GPT4 to power office productivity… that is a separate thing and probably only about 3 companies could do that, at best: Microsoft, Apple, and Google… and theoretically Meta but their lack of follow through with making Metaverse useful makes me doubt it.)