Pete has a unique way of looking at things. Rather than talking about LLMs or generative AI, he prefers the term “response engines.”
“If you look through a consumer lens, they help consumers get solutions, get answers, their guides, if you will, their concierge”
he explains.
This perspective changes everything. We’re no longer in the search economy where consumers type keywords to get 10 blue links. We’re entering what Pete calls “the answer economy,” where the most important activity becomes getting direct answers, instructions, and advice.
Mind-blowing numbers
The data Pete shares is staggering: 5 billion monthly visits across all response engines. To put this in perspective, in the US, that’s Super Bowl-level reach every single week.
“Think about everything that goes into Super Bowl advertising”
Pete adds. This comparison struck me because it perfectly illustrates the scale of what we’re experiencing.