For the people using their product, yes. If you're using Google, you implicitly trust their result ranking and presentation (else you wouldn't be using Google.)

What is the problem here?

The problem is that they're leveraging a search advantage to force sites to change in a way that objectively ruins my experience by optimizing page load times over displaying the result URL I can click into. It's a search engine, not a cdn, and I resent their cutting out the results to serve the content they deem superior.