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Or they could contribute solutions to said bugs? Its not like they would distract that much from their bottom line

Exactly. The call-out is not "please stop doing security research". It is, "if you have a lot of money to spend on security research, please spend some of it on discovering the bugs, and some on fixing them (or paying us to fix them), instead of all of it on discovering bugs too fast for us to fix them in time".
Google is a major contributor to open-source video, to the point where it would not be viable without them.

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