/Alphabet%20Inc_%20and%20Google%20logos%20seen%20displayed%20on%20a%20smartphone%20by%20IgorGolovniov%20via%20Shutterstock.jpg)
The technology sector is disruptive and driven by innovation. This means that a market leader today may become irrelevant tomorrow. In the last few decades, we have seen the downfall of several tech leaders, including BlackBerry (BB), Nokia (NOK), and Eastman Kodak (KODK).
While the generative artificial intelligence (AI) space is still in its infancy, it is forecast to grow rapidly through 2030 and beyond, attracting billions of dollars in investments. And once AI is adopted at scale, companies across sectors may lose their competitive moat. According to a MarketWatch report, Google’s (GOOGL) (GOOG) Search business is threatened by AI, making the tech giant vulnerable to this megatrend.