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Future of AI

News on Artificial Intelligence in Education and Libraries

Saturday, October 31, 2026

Google admits AI Mode hurts Search revenue; -15% $500B drop worst since 2004 IPO. AI Bear Market coming? — Latent Space...



Google’s AI models are improving, but running them requires huge investments and limited computing capacity. Open and smaller models are also advancing, though some giant models are hard to use locally. The article raises concerns about AI’s costs and whether it may hurt Google Search revenue.

ORIGINAL LINK: https://latent.space/p/ainews-google-admits-ai-mode-hurts-search-revenue-15-500b-drop-worst-since-2004-ipo-ai-bear-market-c/