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31 OCT 2026 · Swyx

[AINews] Google admits AI Mode hurts Search revenue; -15% $500B drop worst since 2004 IPO. AI Bear Market coming?

Google's AI Mode has reportedly led to a -15% drop in search revenue, equivalent to a $500B loss, the worst since its 2004 IPO, with the AI Bear Market potentially looming. AI summary

artificial intelligence search engine revenue bear market