Why GOOGL is no longer as innovative as before and what the future holds for it?

It should be obvious by now that $Alphabet-A(GOOGL.US)$ has a product problem. They have released quite a lot of products only to fail to follow up on them and die out or have some other company come in and take the lead.
They are supposed to have some really smart people but they can't seem to turn these products into successful ones.
That said, Google has a pretty good record in the past (Gmail, search, maps, android etc) but they have stalled big time and haven't had any products that can make them a ton of money hence why I consider the company as a one trick pony one. I can't remember when was the last time they released something and gained momentum. Granted, you could just as easily say the same for $Apple(AAPL.US)$ but they still put out products reminding people they are still very much relevant. When was the last time you got excited over a google product release? Did pixel hit the front page of anything? Doubt it.
A case could be made for cloud but still every time people talk about the cloud, the discussion is usually between $Amazon(AMZN.US)$ AWS and Azure with Google cloud coming in 3rd and potentially have market share taken from it over the next years.
They have got a long list of failed projects by jumping into every kind of business only to fail to monetize something. Their best products are the ones are the ones they've had for a long time such as Gmail, maps etc. I think it all comes down to the management and as far as I'm concerned, I do think that GOOGL ceo is probably the worst ceo out of the big tech.
What do you think of GOOGL as we go into the future and what's to come for the big tech?