I've started seeing comments appear on Reddit of people quoting ChatGPT as they would a google search, and relying on false information in the process. I think it's a worthwhile investment for Microsoft and it has a future as a search tool, but right now it's lying frequently and convincingly and it needs to be supplemented by a traditional search to know whether it's telling the truth so that defeats the purpose.

Disclaimer: I know traditional search engines lie too at times.