People love google, but it's a for-profit company, not a foundation. Chrome would not be the first abandoned project, either. Anything can happen. Competition is good.
Google operates a search engine, meaning most of the time it points people to other websites. Many of these sites are not under Google's control, but many of them run AdSense. The more pages you visit, the more ads you see. If the internet gets generally faster, Google sites or not, that works in their favor.
If Chrome is abandoned by Google you're free to fork Chromium, acquire licenses for it's restricted plugins and it'll only slow the web's march forward, not actively hinder it. It's entirely possible for another group to carry the Chromium torch, and Google/Chrome has never yet intentionally damaged the quality of standards-compliant competing web products (though they don't offer quirks-mode fixes for crap tailored only to IE).