[DollarGuru]

If it undermines the websites producing the content Google is scraping by not sending through traffic then those sites may not continue to exist.

[londons_explore]

This is already happening.

Very few new blogs and content websites are being set up.

All content is moving into apps and walled gardens. Part of the reason for that is that running a well researched blog will never pay for your time, so becomes a hobby thing, and most people are fine to use Facebook for that.