Definitely. The fact that they inject it into Google Search means that even fewer people who have never used ChatGPT or just used it as a "smarter" Google search will just directly try the search function. It is terrible for actually detailed information i.e. debugging errors, but for summarizing basic searches that would have taken 2-3 clicks on the results is handled directly after the search. I feel bad for the website hosts who actually want visitors instead of visibility.