What happened to Google is what happens to all fat monopolists: they had the luxury of losing focus because their monopoly was so profitable. I do really feel that Google (among others) is finally seeing the type of existential risk much better AI is to Google's ad business. While I'm definitely not of the opinion that "ChatGPT is a Google killer", it's not that hard to see that a company whose velocity in this space is currently much faster that Google's could eventually overtake Google's bread-and-butter search business in 5-10 years.
What happened to Google is what happens to all fat monopolists: they had the luxury of losing focus because their monopoly was so profitable. I do really feel that Google (among others) is finally seeing the type of existential risk much better AI is to Google's ad business. While I'm definitely not of the opinion that "ChatGPT is a Google killer", it's not that hard to see that a company whose velocity in this space is currently much faster that Google's could eventually overtake Google's bread-and-butter search business in 5-10 years.