Sometimes I do wonder why it's hard to see that you shouldn't invest in AI, let Sam Altman hoover up all compute hardware and then make a surprise pikachu when hardware sales of your user base decline. Same for Google: "what, if I stop people from going to websites because I let a bot summarise what they're looking for, I get less money from website visits?"
At this rate (I know I keep beating that drum), I think we cannot have AI: it is too self-defeating from a business pov.
It's not like Google had a choice. Asking AI is superior to browsing links in 90% of use cases, and they would have been disrupted otherwise.
Just a clarification, Google's search revenue actually went up in their latest quarterly reporting. It just didn't go up as far as analysts were predicting.