Google Updates & Affiliate Sites - What's the Latest for Industry Regulation?

So, been seeing a lot of chatter about the recent Google updates - seems like they're really hitting content sites hard. Especially with all the AI content out there, it feels like the rules are shifting again. This "Industry News & Regulation" category is more relevant than ever right now.

1. Are you guys seeing major traffic drops on your blogs/affiliate sites?
2. Any specific niches getting hammered more than others?
3. What strategies are actually working for ranking right now?

Just trying to get a feel for what everyone else is doing to adapt. It's a constant battle, isn't it?