Apple says searches are shrinking because people are using AI instead. Now Google's stock is tanking.

Google headquarters in Mountain View, California.

Tayfun Coskun/Anadolu via Getty Images

• Google has been worrying about losing search share to AI engines like ChatGPT for a couple of years.
• It looks like that's started to happen, an Apple executive testified in court.
• Google shares immediately fell.

Ever since ChatGPT burst onto the scene in 2022, investors have wondered about the implications for Google. Mainly: What happens to the company if lots of people...