So far, it's pretty good. It performs the search, aggregates and summarizes the content, and gives nicely formatted output, including an inline video player in one example I tried[0].

In another search, I asked about an event from a few days ago and got back several references with links to the original articles[1].

[0] https://chatgpt.com/share/6723bfaf-4594-8011-9d64-cdfbef07e3...

[1] https://chatgpt.com/share/6723c130-c35c-8011-b04f-9e363e48f9...

Discussion (481 points, 4 hours ago, 384 comments) https://news.ycombinator.com/item?id=42008569

I think this will mostly hurt Perplexity because Google controls web distribution through Chrome, Android and Google Play so it won't phase them.