Solved
How to use the Conversational AI referrer type in workspace

Whether this the correct way to analyze AI traffic?

Whether this the correct way to analyze AI traffic?
Yes, this is correct, but remember that this will still only record based on "referrers", but not all Conversational AI passes a referrer.
Like a lot of apps, the app version of these AI programs don't pass a referrer, and will be treated like Typed/Bookmarked; and Google's AI Mode is indistinguishable from Search, and will show up as Organic Search Results.
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