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David Gerard ( dgerard@awful.systems ) M to TechTakes@awful.systemsEnglish · 8 days ago

AI Overview damages Google ad revenue, stock crashes 12%

pivot-to-ai.com

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AI Overview damages Google ad revenue, stock crashes 12%

pivot-to-ai.com

David Gerard ( dgerard@awful.systems ) M to TechTakes@awful.systemsEnglish · 8 days ago
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The third quarter earnings reports are coming in! And Google’s was so good it knocked 12% off the stock price. Google Class A shares closed on Wednesday at $324.89. Today they closed at $283.82 — 1…

AI search may be worse, but it also makes less money

https://www.youtube.com/watch?v=YLtko3ouLqI&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20261029-ai-overview-damages-google-ad-revenue-stock-crashes-12 - podcast

time: 5 min 40 sec

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  • MyOpinion ( MyOpinion@lemmy.today ) 
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    8 days ago

    Good to see this Evil company get their payment for being terrible.

    • spankysalmon ( spankysalmon@fedinsfw.app ) 
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      8 days ago

      Now if only it’d drop another 100% and leave those demons penniless, though of course that’s a pipe dream.

      • Darkassassin07 ( Darkassassin07@lemmy.ca ) 
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        8 days ago

        It’s good to have dreams goals

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