Alphabet's stock valuation is comparatively low due to concerns about AI chatbots disrupting Google Search. In Q2, Alphabet's revenue growth in its search segment was just under 12%. Despite concerns about declining ad clicks, Chief Business Officer Philipp Schindler disclosed a 4% growth in paid clicks, which marks a recovery from previous declines. This growth, which represents an acceleration from the 3% decline in Q1, suggests that fears regarding AI's impact on search may be overstated for now.
Alphabet's Chief Business Officer revealed that paid clicks grew by 4%, which indicates a healthy volume of search activity despite concerns about AI disruption.
The 4% growth in paid clicks marked an acceleration over the previous quarter, suggesting renewed interest in Google Search amid skepticism about AI's impact.
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