The All Blacks have been knocked off their top of the world perch, after their 16-9 loss to Ireland on Sunday (NZ time).
Even though the World Rugby rankings will still have the All Blacks at the top, coach Steve Hansen has labelled Ireland the world's best team after the historic win in Dublin.
The All Blacks were limited to two penalty goals and a drop goal, as Ireland kept the New Zealand team try-less in a thrilling test match.
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Former Wallaby Peter FitzSimons told The AM Show that Ireland's win showed the All Blacks were no longer invincible.
"The win means two things - firstly, the All Blacks are no longer invincible," he said.
"That aura of invincibility about them, where the most important person in the team is the bus driver, because if he gets them to the ground on time they win, is now gone.
"The second thing is that it lifts every other team in the world, including the Wallabies, who will think they have a chance and maybe beat the All Blacks.
"It means opponents rise up, because the All Blacks are vulnerable and it is fantastic for world rugby."
RadioLIVE Rural Exchange host and former Newshub rugby correspondent Hamish McKay agreed, saying the result was great for international rugby.
"We should be basking in the glory of what has happened in world rugby," said McKay.
"Two years ago, everyone said it was a fluke in Chicago, but a week later, if Sean O'Brien didn't drop the ball in front of the line, they would have beaten us, so this would have been three in a row against the All Blacks.
"This is a magnificent Irish side and I think they're only going to get better.
"Ireland, arguably, didn't have two players who would probably make a World XV of players in the last decade in Sean O'Brien and Connor Murray.
"This is a turn the key moment, not only for Ireland, but for world rugby."
McKay also questioned current captain Kieran Read who hadn't been at his best since returning from back surgery.
Next year will be Read's last year for the All Blacks, after confirming he'd either retire or play overseas after the Rugby World Cup.
"I think there will be some serious questions about number eight," McKay added.
"I think there is enough not happening to question him. He's bounced back before, but the Kieran Read we talked three years ago, running the tram lines like Brian Lahore, is gone.
"The million-dollar question is who replaces him. The one time we had real drive off the back was when Ardie Savea was at eight against Argentina."
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