What concerns did Steve Eisman raise about Alphabet (NASDAQ:GOOGL)?

Steve Eisman said AI-powered search tools could increase competition for Alphabet (NASDAQ:GOOGL) and affect its core search business.

How is Alphabet (NASDAQ:GOOGL) responding to AI competition?

Alphabet (NASDAQ:GOOGL) has introduced Gemini and expanded AI features across its search engine and productivity products.

Steve Eisman said AI is changing how people search for information and could reshape the technology industry over time.

Steve Eisman said Alphabet (NASDAQ:GOOGL) faces growing competition as AI-powered services become more widely used.

Image for illustrative purposes only. Not a real photo.

Written by Heidi Cuthbert Published Jul 28, 2026, 1:51 AM

Steve Eisman said he sold his Alphabet (NASDAQ:GOOGL) shares because of concerns about artificial intelligence.
Eisman said AI could weaken Google's search business over time.
He said he continues to monitor how AI changes the online search market.

Steve Eisman said he sold his stake in Alphabet (NASDAQ:GOOGL) because he believes artificial intelligence could threaten Google's search business.

Eisman said AI-powered chatbots are changing how people find information online, reducing Google's long-term advantage in internet search.

Eisman said he sold the shares because he sees greater uncertainty around Google's future position as AI adoption grows.

He said Google's search business still generates strong revenue, but AI has increased competition from newer search tools.

Eisman said he will continue watching how Alphabet responds as AI products become more widely used.

Alphabet has expanded its AI business by introducing Gemini and adding AI features across its search and productivity products.

The comments reflect growing investor debate over whether AI will reshape the online search market and affect established technology companies.