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For years, that simple cycle helped turn Google into a trillion-dollar titan.But now, that model is under threat.💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter💰💵AI-powered chatbots like OpenAI’s ChatGPT are rapidly changing how people find answers. Instead of browsing through links, users are getting direct summaries on AI. These “zero-click” searches quietly erode the economics that built the modern internet.The number of users is growing fast. OpenAI CEO Sam Altman said in April that ChatGPT already has “something like 10% of the world" in terms of users, pegging the number closer to 800 million, Forbes reported.Even Google seems to know it. It’s giving AI answers, called AI Overviews, right at the top of the page."What's changing is not that fewer people are searching the internet...It's that more and more the answers to Google are being answered right on Google's page. That AI box at the top of Google is now absorbing that content that would have gone to the original content creators," Cloudflare CEO Matthew Prince said in a CNBC interview.Alphabet stock closed at $174.92 on June 6. The stock is down 8% year-to-date.Image source: Morris/Bloomberg via Getty ImagesAlphabet  (GOOGL) , Google’s parent company, isn’t showing any cracks just yet.In April, the company posted first-quarter revenue of $90.23 billion, topping Wall Street expectations. Earnings per share came in at $2.81, far above the forecasted $2.01.Related: Analyst resets Nvidia-backed AI stock price target after 200% surgeAdvertising, the backbone of Google’s business, brought in $66.89 billion, accounting for nearly three-quarters of total revenue. Its “Search and other” segment rose almost 10% year over year, hitting $50.7 billion.Meanwhile, Google's own AI tools are starting to show traction. AI Overviews now has 1.5 billion users per month, up from 1 billion in October, the company said.So far, the numbers suggest that AI isn’t cannibalizing Google’s business yet.Bank of America remains bullish on Alphabet stock. The firm reiterated a buy rating and a price target of $200, which implies a potential 15% upside from current levels, according to a recent research report.The firm said in May, Google’s global average daily web visits held steady at 2.7 billion, unchanged from the previous month and down 2% from a year earlier. ChatGPT, meanwhile, saw a 3% month-over-month increase to 182 million, marking a 105% jump year-over-year.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,000.36 +61.06 (+1.03%)Dow 3042,762.87 +443.13 (+1.05%)Nasdaq19,529.95 +231.50 (+1.20%)Russell 20002,132.25 +34.89 (+1.66%)VIX16.77 -1.71 (-9.25%)Gold3,331.00 -44.10 (-1.31%)PortfolioSign in to access your portfolioSign inTop gainersRXRX Recursion Pharmaceuticals, Inc. 5.49 +0.92 (+20.13%)MANU Manchester United plc 16.41 +2.60 (+18.83%)QXO QXO, Inc. 19.00 +2.25 (+13.43%)QBTS D-Wave Quantum Inc. 18.62 +2.15 (+13.05%)LMND Lemonade, Inc. 39.88 +4.12 (+11.52%)Top losersLULU lululemon athletica inc. 265.27 -65.51 (-19.80%)DOCU DocuSign, Inc. 75.28 -17.62 (-18.97%)BRZE Braze, Inc. 29.73 -6.37 (-17.65%)ORLA Orla Mining Ltd. 11.11 -1.24 (-10.04%)ABM ABM Industries Incorporated 46.61 -4.65 (-9.07%)Most activeAPLD Applied Digital Corporation 13.86 +1.09 (+8.54%)TSLA Tesla, Inc. 295.14 +10.44 (+3.67%)NVDA NVIDIA Corporation 141.72 +1.73 (+1.24%)LCID Lucid Group, Inc. 2.1500 +0.0200 (+0.94%)F Ford Motor Company 10.26 +0.16 (+1.58%)Earnings eventsTrending tickersBTC-USD Bitcoin USD 105,506.87 +534.77 (+0.51%)XRP-USD XRP USD 2.22 +0.03 (+1.53%)STLA Stellantis N.V. 9.87 +0.19 (+1.96%)NFLX Netflix, Inc. 1,241.47 -9.05 (-0.72%)XRP-CAD XRP CAD 3.04 +0.05 (+1.53%)Top economic events