In my bubble it's general consensus that Google - as we knew it - is done.

Sergiej and Larry phased out and what is left is more of less a headless chicken, too big too fall, but without any clear direction and goal.

Didn't Sergey become active again with the latest AI efforts?

Is this actually true about Larry and Sergei? A substantial amount of their net worths is still tied up in Google stock. I realize not all centibillionaires are cut from the same cloth, but still find it hard to believe they wouldn't be majorly involved since the downside of a major stock drop would impact them disproportionately. That said they could be the types of billionaires who actually think they have enough even if their net worths were "only" in the tens of billions (a long ways to go down from where they are today).

As for headless chicken, I feel similarly, but then I sort of see a path where they have defensible businesses in YouTube and maybe GCP, and then Waymo and robotics as green field upside, so that even if they don't end up with material market share with the "software-only" side of AI, and search gets further and further eroded, they could still be a formidable player.

Ultimately I do think their best days are behind them largely because they can't seem to turn the work of their talented engineers into great new products.

At least you are aware that this is a bubble.

What is your bubble?