In business, as in life, things don’t happen for years or perhaps decades, but when they do, they unravel much faster than anyone could have imagined.
Take the case of Google Search, the dominant web monopoly for over 20 years. Now, I argue, it is losing its monopoly quite rapidly as AI chatbots are evolving into commercial recommendation engines.
I’ve explained in the past weekly how Google is finding itself at a crossroads where it’s more successful than ever from a revenue perspective. Yet, it is also the most challenging it has ever been from a strategic perspective.
That’s why Alphabet's diversification strategy reveals a sophisticated approach to transcending its search dependency through three distinct growth vectors.
While Google Search faces potential disruption from AI interfaces, the parent company has strategically positioned itself with multiple growth engines operating on different timelines and risk profiles.