The hype generated by the release of ChatGPT, the artificial intelligence (AI) search engine chatbot created by OpenAI and backed by Microsoft (NASDAQ: MSFT), caused consternation among Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) investors. And for good reason: As shown below, Google Search provided 56% of the company's total revenue in the fourth quarter of 2022.

Source: Alphabet.

Google Search dominates the market with a share of almost 85%, easily besting Microsoft Bing's 9%. While it's too early to know if ChatGPT is an actual threat, especially since Alphabet has its own AI in the works, putting too many eggs in one basket isn't wise. 

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Source Fool.com