Is as many of us expected; Google is going all out to maximise income before the innumerable legal axes fall. Something that their endless appeals to ever higher courts will put off for as long as possible.
Google sees an existential threat from Open AI and AI search competitors like Perplexity. The threat is probably overblown as the number of AI companies just keeps expanding and it isn't clear that people really want to turn to AI search rather than traditional web search.
But Google is getting ahead of the curve by rapidly folding new AI search options into web search. AI overviews has been a success for Google in terms of feedback from users so why would it stop?
The old search of blue links is already dead, Google is just slowly phasing it out rather than pulling the plug. Google has already won the AI search war because it has both the information and the user base to experiment with. In another year or two there will be nothing but AI assisted search, or perhaps there will be two tabs...AI as the default and the old search as a fallback. But that will cost Google in terms of resources to maintain so at some point old web search will be retired. This is progress after all, no company can be expected to stay static for 20+ years.
The question for us is how does this new Google affect our bottom line? Clearly the ability to game the system and stay at the top of search using various spamming methods like link networks is going away. Google will use an amalgam of scraped data from numerous sources to produce results so that means that no single website will benefit from the traffic from any search.
I think that Google knows that there will always be enough data...there is too much competition as it is now. Certainly many sites will close but perhaps the future is just bound to be many fewer but larger sites producing content at massive scale hoping to drown the competition and dominate all of the links in Google's AI. This will drive most of us out of the business.
Finally, what are the repercussions for society when only a few mega sites are producing all the content being used to train the AI? These sites can spin and manipulate the data any way they see fit without any counterpoint or differing perspective. I think that trend will have to be well under way before governments really wake up to the threat of having so few companies dominate all of the available information on the internet. What is the remedy? It's hard to battle multiple trillion dollar corporations other than by forming a political consensus across party lines and geographic borders...then we are talking about breaking up these huge huge companies through governmental action. That is the only long-term outcome I can see...