How would it affect Alphabets business if Gemini doesn’t lead coding? it’s currently very behind

Anthropic has been code first for years OpenAI just dropped everything (Sora etc) to FULL PORT on coding models too Google… just doesn’t seem to be taking this one that seriously? This year it seems to be spending compute on other things like AIMode for search at scale, bolstering the TPU business via cloud, etc. after Gemini 3 pro proved GOOG could have a frontier, they haven’t done much after and appear to be making other long term bets (sure they bought Windsurf but $2B is pennies compared to their $200B annual capex on physical infra) Gemini is SOTA in many areas like multimodal etc but way behind agentic coding **QUESTIONS**: 1. does this matter? 2. Is agentic coding gonna be a high premium business where value is captured by incremental intelligence gains? Thus they miss out? Or will it be a race to the bottom with GLM5.2 etc 3. What happens if it is a big market and they miss out entirely? Are any of their main businesses affected?