Google was always at the frontier of real research, but has been abysmal at shipping good products (at least since Sundar). The core company is run for margins and interest rates by the business people nowadays.
So they are fixing this by letting go of the people who were best at the research side, and therefore will have no problem converting "nothing" into products anymore!
Gemini 3.1-pro was genuinely SOTA for a few weeks, in fairness