Google hasn’t figured out how to make AI pay like its search engine
Alphabet's earnings report shows search queries growing at the fastest rate in five years, but Q3 search revenue growth slowed to 12% year-over-year, highlighting challenges in monetizing AI.
Key points
- •Search queries are growing at their fastest rate in five years.
- •Third-quarter search revenue growth slowed to 12% year-over-year, down from roughly 17% in the previous quarter.
- •Growth in paid clicks on ads is also slowing.