The $150 Billion Threat to Google: How AI Browsers Are Killing Google's Ad Revenue
For over two decades, Google's business model has been one of the most brilliant and profitable in history. It's a simple, three-part machine: Google Chrome (The Browser): Get everyone to use your free browser. Google Search (The Tollbooth): Make your browser's default search engine your own. Google Ads (The Revenue): Show ads on that search page. This model made Google the "middleman" for the entire internet. You want to buy a flight, find a recipe, or book a hotel? You have to pass through Google's ad-filled tollbooth first. That entire, multi-trillion-dollar empire is now facing its first real, existential threat. And it's coming from a new wave of "AI-native" browsers that you mentioned—tools like ChatGPT's new browser and others like it. When news of OpenAI's browser (named Atlas ) and a similar one from Perplexity (named Comet ) hit, it wiped over $150 billion off Google's parent company's market value. Here’s exactly ho...