How Would You Reinvent Google Ads for the AI Era?

A Product Strategy question for PM interviews at Google, Meta - What are the Primary Revenue Sources for Google Ads, and How Would You Defend Them Against AI Disruption?

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AI Product Management Interview Question:

Q: What are the primary sources of revenue for Google Ads? With AI-powered platforms like ChatGPT, Perplexity, and Claude, alongside discovery platforms like Instagram and TikTok, capturing user attention and intent, is Google losing its market share? If yes, how would you build a strategy to regain it?

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Step 1: Ask Clarifying Questions

Before jumping into the answer, I want to make sure I understand the scope and the angle the interviewer wants me to take.