Uh, you snipped in the middle of a clause so you could argue against something it didn’t say.

Here’s the whole thing (leaving out a parenthetical that isn’t important here):

“Google has spectacularly, so far, failed to execute on products […] for generative AI”

You listed a bunch of products in other domains, some of which are the reasons why it has institutional incentives not to push generative AI forward, even if it also stands to lose more if someone else wins in it.