Nah, AI is probably the greatest thing that could've happened to our ever increasing enshittification of the corporate web. All it's doing currently is just destroying algorithms that never served genuine content anyway, as neither the algorithms, nor AI, can be used for anything relevant. Google really dug their own hole on this.

I saw the writings on the wall and quit the SEO business two years back because of exactly this reason.

To be beholden on the whims of google is not a foundation to build a business around. If your entire "business" is based on collecting breadcrumbs handed to you from google compared to what they generate on what you do, your business isn't a business, it's an employment, to google, without a contract. Where they have every right to fire you at any moment when they see fit.