This is analogous to the Apple Maps launch failure.
Except that Apple competes to make the best smartphone, and an iPhone was still valuable without Apple Maps.
What happens to Google if it stops being able to compete in search?
Except that Apple competes to make the best smartphone, and an iPhone was still valuable without Apple Maps.
What happens to Google if it stops being able to compete in search?
"Ads" is Google's product. And the only way they'll go bankrupt is if 1) companies realize that advertising is pointless (I'm not holding my breath), or 2) some other company takes over from Google, which seems unlikely without government intervention (I'm not holding my breath).
Google is a shit company, but they'll still be around 20 years from now, because our economy is nonsensical and irrational.