Ethan Smith is the CEO of Graphite—the leading SEO growth agency—and my go-to expert on SEO. After 18 years of mastering traditional SEO, Ethan has been at the forefront of what is called AEO: answer engine optimization, or, more simply, getting your product to show up in ChatGPT/Claude/Gemini/Perplexity answers. He’s discovered that ChatGPT traffic converts six times better than Google search—and most companies are completely missing this opportunity.
In our conversation, we discuss:
1. His 7-step playbook to rank #1 in ChatGPT
2. Why ChatGPT traffic converts 6x better than Google
3. How early-stage startups can win at AEO immediately (unlike with SEO, which takes years)
4. The three tactics that actually work: landing pages, YouTube videos, and Reddit comments
5. Why help-center content can suddenly be your highest-ROI investment
6. The specific Reddit strategy that works (spoiler: be authentic)
7. Why AI-generated content doesn’t work
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Brought to you by:
Orkes—The enterprise platform for reliable applications and agentic workflows
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Great Question—Empower everyone to run great research
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Where to find Ethan Smith:
• Twitter: https://twitter.com/ethan_l_s
• LinkedIn: https://bit.ly/ethans-linkedin
• Graphite: https://graphite.io/
• Graphite Research Papers: https://bit.ly/graphite-five-percent
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Where to find Lenny:
• Newsletter: https://www.lennysnewsletter.com
• X: https://twitter.com/lennysan
• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/
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In this episode, we cover:
(00:00) Welcome back, Ethan
(04:34) The changing landscape of SEO
(06:19) AEO (answer engine optimization) vs. GEO (generative engine optimization)
(08:13) The impact of AEO
(11:51) How early-stage startups can win at AEO
(14:34) The quality of AEO leads
(15:35) On-site vs. off-site traffic
(16:32) Reddit’s role in AEO and avoiding spam
(20:11) How AI models use citations (RAG)
(21:41) Key principles for winning at AEO
(25:00) Avoiding hyper-SEOed content, and the importance of originality
(28:55) Actionable AEO playbook: steps and experiments
(33:35) Tracking, measuring, and share of voice
(38:34) Adapting AEO for B2B, commerce, and early-stage companies
(41:11) Is letting AI index your content good?
(43:06) Experimentation, control groups, and measuring results
(46:15) The future of AEO, SEO, and search channels
(51:35) AI-generated content: what works and what doesn’t
(55:25) The dangers of infinite AI derivatives
(58:44) The future: convergence of LLMs and search
(01:00:40) Help-center optimization and the long tail
(01:03:18) Lightning round and final thoughts
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Resources and episode mentions: https://www.lennysnewsletter.com/p/the-ultimate-guide-to-aeo-ethan-smith
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Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.
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Lenny may be an investor in the companies discussed.
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Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
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The heart was always off-limits to surgeons. Cutting into it spelled instant death for the patient. That is, until a ragtag group of doctors scattered across the Midwest and Texas decided to throw out the rule book. Working in makeshift laboratories and home garages, using medical devices made from scavenged machine parts and beer tubes, these men and women invented the field of open heart surgery. Odds are, someone you know is alive because of them. So why has history left them behind? Presented by Chris Pine, CARDIAC COWBOYS tells the gripping true story behind the birth of heart surgery, and the young, Greatest Generation doctors who made it happen. For years, they competed and feuded, racing to be the first, the best, and the most prolific. Some appeared on the cover of Time Magazine, operated on kings and advised presidents. Others ended up disgraced, penniless, and convicted of felonies. Together, they ignited a revolution in medicine, and changed the world.