It's weird because I love the Gemini models; they are very good; Google is fumbling this.
This antitrust is the thing keeping Google going.
Google has significantly higher user count overall but the usage trend is not in Google's favor.
The better a search engine (or AI chatbot) works, the fewer queries you need to make to find what you are looking for, so the numbers could also be interpreted as Google still being the more accurate tool for queries.
... Was, Indeed, extrapolating. And doing so, considering that their "AI-oriented" efforts (to play catch up - with the "AI Summaries" and such) are being met with due revulsion.-
Heck, Facebook is still wildly profitable. A bit different because of network effects and all, but that's a product that is entirely been transitioned to a terminal phase where they are extracting as much cash as possible, and it is surprisingly resilient.
The one big wild card would be a direct attack on traditional Google search by openai though. They potentially have a strong enough brand to do to Google what Google did to Lycos and Dogpile. SearchGPT could easily be a household name in no time flat, but I'm not sure OpenAI wants to focus on the old paradigm like that.