Anthropic AI tool raises concerns, yet Google’s Sundar Pichai warns market reaction is overblown, says ‘AI is an enabling tool’

Google CEO Sundar Pichai dismissed fears about a market overreaction during the company’s recent earnings call. Responding to concerns sparked by Anthropic’s launch of new AI plugins, Pichai described the panic as exaggerated, emphasizing that AI is simply a supportive tool—just as it has enhanced Google’s products like Search and YouTube. He added that businesses that take advantage of the technology now will continue to find opportunities.