Slightly off-topic, but several small-to-medium Youtube channels I watch, mentioned that their yearly Youtube earnings are way down, by two-thirds in one case. It may be that Alphabet is dialing back their profit sharing - across the board.
People are using AI as a search engine.
https://www.semrush.com/blog/ai-search-seo-traffic-study/
https://searchengineland.com/how-googles-ai-overviews-are-ac...
It has been down since the COVID boom for obvious reasons, and then it has gone even more.. Google needing the billions to put into the AI burner is just and unfortunate coincidence..