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

From Latent Space: It turns out you cannot have your cake AND eat it

Source
Latent Space (latent.space)
Published
First seen here
Edition
Saturday, October 31, 2026, ranked 21
Status
Commentary or analysis: someone’s view, not a reported fact.
Why it’s here
Google's worst day since its IPO, tied to AI Mode hurting Search revenue.
Topics
AI, Consumer