Earlier quoted context omitted.
Relative company stock performance dominates executive compensation (iirc, 80% of Alphabet CEO pay is relative outperformance of S&P500), so copying other large public tech companies is an outcome of the incentives.
A compensation scheme like this encourage companies to take unnecessary risk to outperform the market.
Google lays off hundreds in hardware, voice assistant teams
71–80 of 110 posts
Re: Google lays off hundreds in hardware, voice assistant teams
#72Google is no longer on Glassdoor's best places to work list. Best Places to Work 2023: 1. Gainsight 2. Box 3. Bain & Company 4. McKinsey & Company 5. NVIDIA 6. MathWorks 7. Boston Consulting Group 8. Google 9. ServiceNow 10. In-N-Out Burger Best Places to Work 2024: 1. Bain & Company 2. NVIDIA 3. ServiceNow NOW 4. MathWorks 5. Procore Technologies 6. In-N-Out Burger 7. VMware VMW 8. Deltek 9. 2020 Companies 10. Fidel…
Re: Google lays off hundreds in hardware, voice assistant teams
#73Gemini Pro (future) beats GPt4 (today) by single digit percent when you use COT 32x - aka spend insane amounts of money. It’s bullshit.
The layoffs will continue until growth can be achieved. Which in AI is a long time away for them.
Re: Google lays off hundreds in hardware, voice assistant teams
#74I always had a special place for Google in my heart, since 2008. And never thought they would lay people off. It's sad really, despite I never having worked with them. I feel pretty gloomy about tech career overall. Is it even worth continuing to learn fundamentals and stuff?
Re: Google lays off hundreds in hardware, voice assistant teams
#75Earlier quoted context omitted.
I see their massive investments in AI as some kind of vision. However, I don’t think they’ve been able to turn said money spending into more than research/demos ( deep mind included ) even pre-openAI ? Edit : I understand they use it extensively internally, I meant for regular user facing products ( like openAI did with ChatGPT )
Paying brilliant researchers then refusing to ship their work happened at Kodak, Xerox, and now Google. History repeats itself
Re: Google lays off hundreds in hardware, voice assistant teams
#76Earlier quoted context omitted.
Did it ever really have vision? Honestly, Google kinda seems like it suffers from ADHD: it bounces from one shiny new project to another, quickly losing interest in anything that doesn't immediately take off. In the old days, that was enough: their little experiments really _did_ take off. Now, in a more crowded field, it takes more discipline and focus to get things off the ground...and discipline and focus are two…
Which of their own projects took off? E.g. Android and Maps were acquisitions IIRC. Maybe Google+?
Re: Google lays off hundreds in hardware, voice assistant teams
#77Google is no longer on Glassdoor's best places to work list. Best Places to Work 2023: 1. Gainsight 2. Box 3. Bain & Company 4. McKinsey & Company 5. NVIDIA 6. MathWorks 7. Boston Consulting Group 8. Google 9. ServiceNow 10. In-N-Out Burger Best Places to Work 2024: 1. Bain & Company 2. NVIDIA 3. ServiceNow NOW 4. MathWorks 5. Procore Technologies 6. In-N-Out Burger 7. VMware VMW 8. Deltek 9. 2020 Companies 10. Fidel…
Is In-N-Out hiring SWEs ?
Re: Google lays off hundreds in hardware, voice assistant teams
#78Earlier quoted context omitted.
Did it ever really have vision? Honestly, Google kinda seems like it suffers from ADHD: it bounces from one shiny new project to another, quickly losing interest in anything that doesn't immediately take off. In the old days, that was enough: their little experiments really _did_ take off. Now, in a more crowded field, it takes more discipline and focus to get things off the ground...and discipline and focus are two…
Which of their own projects took off? E.g. Android and Maps were acquisitions IIRC. Maybe Google+?
Their cloud?
However, you need vision to know which company to acquire, too.
Re: Google lays off hundreds in hardware, voice assistant teams
#79Earlier quoted context omitted.
G disruption already arrived, with ChatGPT and Bing copilot, search now has a superior challenger/disruptor it has lacked for over a decade of G incumbency.
Yep. I personally use ChatGPT far more than Google search these days.
Re: Google lays off hundreds in hardware, voice assistant teams
#80I remember thinking the same thing about Twitter: Why do they have all those employees? And, with an 80% reduction in workforce, they are still operating. Yes, the new management is ruining the business side of things, but the service is still functional in the same way as it was 3 years ago.