How did Google think adding AI overview would make them money? I'm not being sarcastic, I really want to know.
I assumed that they thought:
* It's what people want and will maintain market dominance with the public
* It's a new opportunity to sell a different more powerful (manipulative) kind of advertising placement to our customers
They seem to be pulling back because their customers (advertisers, not those who use them for search) are unhappy with the results.
@futurebird Companies mostly care about short-term stock price, to the extent that they sometimes forget about profit. And indeed, their stock price more than quadrupled since Gemini first released. It made "them" plenty of money, as shareholders.
I guess they were hoping they'd have a new fantasy to sell by the time this one ran out of steam, but here we are. https://pluralistic.net/2025/05/07/rah-rah-rasputin/
Pluralistic: Mark Zuckerberg announces mind-control ray (again) (07 May 2025)