You could have said the same about Compuserve or AOL or IBM or Xerox or HP at some point in their history. Where are all of them now?
Every untouchable business inevitably gets disrupted once the company can no longer stay competitive and get ahead of new trends. Same is happening with Google today.
IBM bought RedHat. And the Watson demo is very similar to the Waymo situation. It works, but no one can use it actually, but sure IBM pushed it for years ruthlessly.