GoKawiilGoogle's AI Search Push Linked to Record Alphabet Stock Drop
Google has been overhauling its core products—Gmail, Maps, and especially Search—to foreground AI-generated summaries instead of traditional results and links. On a recent earnings call, Google's chief business officer Philipp Schindler acknowledged that AI-driven searches are generating 'lower monetization' than traditional search results, and Alphabet shares subsequently fell by nearly a quarter, a roughly $500 billion loss described as the company's largest single-day stock decline.