>Everyone knows Google has been swirling the tank for over a decade for actual web search and AI will likely finish the job.
Everyone knows this? GOOG stock is near an all time high with search being more than 50% of its revenue.
Everyone knows this? GOOG stock is near an all time high with search being more than 50% of its revenue.
As for why their market share has not degraded as a result, it is likely that the folks currently prosecuting Google for antitrust violations have the best argument for why this might be so.
1. GOOGL is the voting share stock ticker, not GOOG. GOOG is nothing more than class c shares.
2. Search as a line item is more than 50%, but search is not searching, searching itself provides not much value, ads are where Google makes its money.
3. A stock being near all time high has no indication that it's a company that is "swirling the tank". Often a stock does not decrease until after a series of bad earnings/negative outlook. But with that said, there is no evidence at the moment that Google is not doing great.