The Experiment
Every week, someone in my feed declares SEO dead. AI killed it. Google's over. Time to pivot to GEO, AEO, LLMO, or whatever acronym launched this morning.
I run a marketing agency. I advise businesses on AI strategy. I needed to know: Is this panic warranted, or is it the same cycle I've watched repeat for 20 years?
So I did what I do—I went down the rabbit hole. 50+ sources. Industry studies. Platform data. Expert takes from both sides. I wanted to separate signal from noise.
Here's what I actually found.
What I Expected to Find
Going in, I had a hypothesis: The "SEO is dead" crowd was overstating the case, but something real had changed. AI was compressing the research phase of search. Zero-click was eating into traffic. The landscape was shifting.
I expected to find evidence that supported a nuanced middle ground—things changed, but not as dramatically as the panic suggested.
I was half right.
What the Data Actually Shows
Finding #1: Google's dominance is barely dented
I started with the basics. If AI search is killing Google, the market share data should show it.
It doesn't.
Google still commands 89-90% of global search. Mobile? 92-95%. They process 5 trillion searches per year. Traffic to Google actually increased 0.8% in 2025, and visitors were up 1.4% in Q4 2025 vs Q4 2024.
The first dip below 90% since 2015 made headlines, but BrightEdge recorded a rebound from 90.54% to 90.71% by October 2025. Google isn't dying. It's oscillating within a narrow band while processing more searches than ever.
Surprise level: Low. I expected this, but the stability was even stronger than I anticipated.Finding #2: AI referral traffic is tiny—but quality is high
This one surprised me.
All AI platforms combined—ChatGPT, Perplexity, Gemini, everything—drive somewhere between 0.15% and 1% of total web traffic. ChatGPT's referral traffic to the top 14 publishers? Less than 0.1% of their total visits. The New York Post, which gets more ChatGPT referrals than almost anyone, saw 760K visits from it—0.5% of their 143.5M total.
The panic about AI stealing all the traffic is mathematically absurd at current scale.
But here's the twist: That tiny traffic converts at 4.4x the rate of organic traffic (Semrush data), and some studies show conversions 23x higher (Ahrefs). The volume is negligible, but the intent is real. These are people actively researching, not casually browsing.
Surprise level: High on the conversion data. I hadn't seen that angle in the doom-and-gloom coverage.Finding #3: The "25% traffic decline" is a myth
This was the claim I kept seeing—SEO traffic down 25%, maybe headed to 50%. Existential crisis time.
Graphite partnered with Similarweb to analyze 40,000 of the largest US websites. The actual decline? 2.5%. Not 25%. The flawed studies claiming dramatic drops relied on surveys and samples from fewer than 20 sites.
Google's own statement from August 2025: "Total organic click volume from Google Search to websites has been relatively stable year-over-year."
Organic search still drives 53% of all website traffic. The fundamentals haven't collapsed.
Surprise level: Medium. I suspected the panic was overblown, but a 10x exaggeration in the data was worse than I expected.Finding #4: Zero-click is real—but there's a silver lining
Here's where I had to update my priors.
58-60% of Google searches now end without a click. AI Overviews appear on about 13% of queries (up from 6.5% two months earlier—102% growth). When AI Overviews appear, organic click-through rates drop 61%.
That's legitimately concerning for anyone whose strategy depends on informational traffic.
But buried in the same data: Brands cited inside AI Overviews earn 35% more organic clicks and 91% more paid clicks than those who aren't. Featured snippets (position zero) get 42.9% CTR—higher than standard position #1.
The game isn't "get clicks vs. don't get clicks." It's "be the one who gets cited vs. be the one who doesn't."
Surprise level: High on the silver lining data. The doom coverage never mentioned this.Finding #5: GEO is just SEO with a rebrand
This one made me genuinely annoyed.
I kept seeing "GEO" (Generative Engine Optimization) pitched as revolutionary. New discipline. New skills. New invoices.
Then I found this quote from a Search Engine Journal contributor: "Ask your favourite GEO expert for 25 things unique to AI search that don't overlap with SEO. They will block you."
And this from Ann Smarty: "I don't think there is anything unique that we are doing for AI optimization vs what we have always done."
When Microsoft published its official AI optimization guidance, it said there's no secret strategy—then listed the path forward: fresh content, clear structure, semantic clarity, and authoritative sources. Standard SEO fundamentals.
77% of AI optimization success comes from strong traditional SEO foundations. The "secrets" are the same things good SEOs have preached for years.
Surprise level: Low on the substance, high on the audacity. The rebranding during uncertainty is a pattern I've watched repeat across every tech cycle. Doesn't make it less irritating.Finding #6: Authority matters more than ever
92% of AI Overview citations come from domains already ranking in Google's top 10. AI systems aren't discovering hidden gems—they're amplifying existing authority.
63% of users trust AI-generated content when the source is credible. The AI borrows your reputation. If you don't have one, there's nothing to borrow.
Google's March 2025 core update made this clear. Sites with genuine E-E-A-T—experience, expertise, authoritativeness, trustworthiness—plus real social presence and local signals? Largely unaffected. Sites that scaled content without building the business underneath? Overnight traffic losses.
Glenn Gabe's analysis found that churning out low-quality content chasing AI visibility causes declines in future core updates. You can't game your way to AI citation.
Surprise level: Low. This confirmed what I suspected—but the 92% stat was sharper than I expected.What This Means (My Synthesis)
After 50+ sources, here's where I landed:
The panic is overblown. Google isn't dying. AI traffic is a rounding error. The "SEO apocalypse" is based on flawed data and amplified by people selling solutions to manufactured problems.
Something real did change. The research phase of search got compressed. Zero-click is real and growing. If your entire strategy was "rank for informational keywords and hope people click," you're in trouble.
The winners look the same as always. Clear value proposition. Genuine authority. Content that answers real questions. External validation. Strong local signals for local businesses.
The losers are the ones who were always vulnerable. Sites that scaled content without substance. Businesses that couldn't articulate their value. Brands that existed in isolation without external proof of credibility.
AI didn't kill SEO. It killed the buffer between what you claim and what the world believes about you.
The Part That Surprised Me Most
Honestly? The conversion quality of AI traffic.
I went into this research expecting to write off AI search as noise—too small to matter. And on volume, that's true. But 4.4x conversion rates mean the people coming from AI search are serious buyers in research mode.
That changes how I think about it. Not "ignore AI search because it's tiny" but "understand that AI search is currently a high-intent, low-volume channel that rewards the same fundamentals as traditional SEO."
The other surprise: How badly the "SEO is dead" crowd misrepresented the data. A 2.5% decline turning into "25% and headed to 50%" isn't interpretation—it's misinformation. Whether it's ignorance or grift, I can't say. But I can say the math doesn't support the panic.
What I'm Doing Differently
Based on this research:
Not chasing AI-specific tactics. The fundamentals win. GEO, AEO, and the rest are distractions.
Paying attention to citation, not just ranking. Being the source that gets quoted in AI Overviews matters—and it correlates with traditional authority signals anyway.
Not panicking about zero-click for local/transactional queries. 88% of AI Overview queries are informational. When someone needs a plumber at 2:00 AM, they're not asking ChatGPT for philosophy.
Watching the conversion data on AI referrals. Small volume, but if the quality holds, it's worth understanding where those users come from and what they need.
Calling out the rebrand grift when I see it. If someone pitches me "GEO strategy" as something distinct from good SEO, I'm asking the 25-question test.
The Bottom Line
Result: Mixed
The panic is wrong. The underlying shift is real but manageable. The fundamentals still win.
If you've been doing SEO well—building genuine authority, creating clear content, earning external validation—you're fine. AI search rewards the same things Google has rewarded for years, just with less tolerance for filler.
If you've been gaming the system with volume over substance, the reckoning was coming anyway. AI just accelerated it.
SEO didn't die. It stopped tolerating nonsense.
And if anyone tries to sell you a revolutionary new acronym, ask them the question: Name 25 things unique to AI optimization that don't overlap with what you should've been doing all along.
See what happens.
Created with ❤️ by humans + AI assistance 🤖
Sources That Shaped This
Graphite/Similarweb: 40,000-site study on actual SEO traffic changes
Seer Interactive: AI Overview CTR impact analysis
Semrush: AI traffic conversion quality data
Glenn Gabe: AI traffic volume analysis and core update patterns
Search Engine Journal: GEO critique
Press Gazette: ChatGPT referral traffic to publishers
Statcounter/BrightEdge: Search engine market share data
Google: 5 trillion searches stat, organic click stability statement (Aug 2025)
Microsoft: Official AI optimization guidance (Oct 2024)
Lily Ray: "A Reflection on SEO, GEO & AI Search in 2025"