[AINews] Google admits AI Mode hurts Search revenue; -15% $500B drop worst since 2004 IPO. AI Bear Market coming?
It turns out you cannot have your cake AND eat it
![[AINews] Google admits AI Mode hurts Search revenue; -15% $500B drop worst since 2004 IPO. AI Bear Market coming?](/en/news/img/3d38f84a4091.webp)
In brief
- What: [AINews] Google admits AI Mode hurts Search revenue; -15% $500B drop worst since 2004 IPO. AI Bear Market coming?
- When: October 31, 2026 at 08:00
- Source: Latent Space (community)
- Topic: Business
Prepared by Ilya Tarasov’s Tarasov Code newsroom based on a report by Latent Space.



