An AIO appears for this search. An Ahrefs study showed that the presence of an AI Overview in search results correlated to a 34.5% lower average click-through rate for the top-ranking page compared to keywords without an Overview. So AIOs are likely to be contributing to traffic drops.
It’s important to check this while we still have search data for before and after AIOs were introduced. Search Console only retains 16 months worth of data, so get in quick.
You’ll most likely see a drop in traffic informational content – guidance, blog posts, how-to guides. For large informational sites this could be a large portion of your traffic.