Earlier quoted context omitted.
Wall Street demands growth of top line or greater profitability. This is Google’s way of meeting shareholder demands. Yes short sighted. And yes opens the door for chatGPT
It's not just investors, Google is the quintessential example of a company that has taken metric based decision making too far. Everyone in the organisation has metrics to meet, and those KPIs affect promotions and pay. If your KPIs are entirely driven by revenue/profit it distorts the decision making of everyone and focuses on what large impact an individual or team can make to their bottom line, no mater what the c…
That is how a publicly traded corporation works, whether you or I like it or not. When you get a listing on stock exchanges you are asking for investment from Tom, Dick and Harry. In return you sell your soul errr provide a return on that investment, in return for more investment.
I remember when I dumped Altavista from my browser and started using the cool new Google "Do no evil". I still have a pretty early gmail address, when it was invite only and 1GB looked like close to infinity or at least pretty bloody huge. I don't put anything useful into a Google thingie because I value my stuff. I'll be changing my search engine quite soon too.
It is all rather soulless and that is what saddens me. The whole raison d'etre for Google in the early days was to do good stuff, innovative engineering and so on. Then the profit motive or bust took over. It doesn't _have_ to but it did. Sadly the two cool kids with wonderful ideas were infected with the lust for world dominance or avarice or both.
I don't know what Google would look like if it had stayed private and stuck to what appear to be its initial values. I do suspect that Brin and his mate would still have been rich beyond my wildest dreams, along with a lot of other people. MS would have probably bought them or tried to.