On the topic of better management, I can't believe they haven't replaced Sundar Pichai. Satya Nadella by comparison really seemed to have turned MS around. Larry Page was making the rounds when all of this AI hype started. He seemed to have a much more aggressive stance, even ruffling feathers about how many hours Google employees should be working to compete in AI. And there is obviously Demis Hassabis who is the mo…
Google (Alphabet's) stock price has generally gone up 200% in the past 5 years. That is the only reason he is there, and that is the only way he is judged.
Exactly. If the founders (who still have majority voting control) or board wanted an innovator they wouldn't have picked Sundar in the first place. His job is bean counting and increasing profits, and he is doing that brilliantly.
Google is probably the most undervalued tech company there is currently, by far : 1.) Has cutting edge in house AI models (Like OpenAI, Anthropic, Grok, etc.) 2.) Has cutting edge in house AI hardware acceleration (Like Nvidia) 3.) Has (likely) cutting edge robotics (Like Boston Dynamics, Tesla, Figure) 4.) Has industry leading self driving taxis (Like Tesla wants) 5.) Has all the other stuff that Google does. (Like…
>Google is probably the most undervalued tech company there is currently, by far : [reasons] The only thing you left out of this analysis is their valuation. The market values Google at $2.05T (just over $2,000,000,000,000) which is 21 times their earnings (net profit). They are valued at $250 per person on Earth while selling, annually, $43.75 per person on Earth (sales) of which $12 per person is their profit. How…
An alternative viewpoint is the consideration of the P/E of all of the Mag 7. These numbers might be slightly off since there's been a lot of market movement lately, but...
Apple (AAPL): 34.07
Microsoft (MSFT): 35.07
Amazon (AMZN): 36.69
Alphabet (GOOGL): 21.82
Meta Platforms (META): 24.49
Nvidia (NVDA): 41.33
Tesla (TSLA): 87.87
from this perspective Google, and to a lesser extent Meta, stand out as being valued quite conservatively.
Do I think Microsoft is performing 50% better than Google? Not really, no.
Google is the new MSFT. It won’t go anywhere, Windows is still a thing. But ChaGPT is a fundamental threat to its search business. It replaces Google for me 50% of the time. It is the natural language search engine people tried to build
I’ve seen too much inaccurate info from AI to have any trust in it. From declaring the Eiffel Tower the world’s largest Ferris wheel to claiming that hippos can be trained to perform complex medical procedures, it all seems a hot mess. You might say, yeah, but I can spot those mistakes, but can you really? I showed my fifth-grade son the result of asking if hippos were intelligent and the absurdity of the answer didn…
If you connect ChatGPT to a traditional search engine, it will suffer much less such issues. It essentially digests 100 webpages for you, then render it in a single answer.
For sure, hallucinations will always be there, but I don't think it will hinder its take over, the usage trumps its shortcomings
Google is probably the most undervalued tech company there is currently, by far : 1.) Has cutting edge in house AI models (Like OpenAI, Anthropic, Grok, etc.) 2.) Has cutting edge in house AI hardware acceleration (Like Nvidia) 3.) Has (likely) cutting edge robotics (Like Boston Dynamics, Tesla, Figure) 4.) Has industry leading self driving taxis (Like Tesla wants) 5.) Has all the other stuff that Google does. (Like…
Slightly off-topic, but why is it still referred to as "Google" and not "Alphabet"?
Same reason Facebook is still Facebook to me, probably.
Google is probably the most undervalued tech company there is currently, by far : 1.) Has cutting edge in house AI models (Like OpenAI, Anthropic, Grok, etc.) 2.) Has cutting edge in house AI hardware acceleration (Like Nvidia) 3.) Has (likely) cutting edge robotics (Like Boston Dynamics, Tesla, Figure) 4.) Has industry leading self driving taxis (Like Tesla wants) 5.) Has all the other stuff that Google does. (Like…
Their AI strategy is just baffling. It lacks direction and vision. They have a thinking model way back ago, which is pretty good with clean CoT and good performance close to R1. But it never gets any marketing whatever. Veo2 has really good performance too, yet it is so slow in its rollout now Chinese competitors are getting all attentions because it is just easier to access. It feels to me that Google is reliving it…
I think its 2 things, but Google is big and slow but also they do not need to monetize the models like OAI. If they believe models get commoditized (Meta's plan), heavy investment is wasteful. AI summaries keeping Search strong and people using the Google bar instead of chatgpt is probably their priority.
They have Gemini and rolled out AI in Workspace and I believe they still have the most capability million token model
Google is probably the most undervalued tech company there is currently, by far : 1.) Has cutting edge in house AI models (Like OpenAI, Anthropic, Grok, etc.) 2.) Has cutting edge in house AI hardware acceleration (Like Nvidia) 3.) Has (likely) cutting edge robotics (Like Boston Dynamics, Tesla, Figure) 4.) Has industry leading self driving taxis (Like Tesla wants) 5.) Has all the other stuff that Google does. (Like…
You forgot: has an active antitrust investigation which could in theory split the company in unpredictable ways.
This is the biggest cloud looming over Google right now, for sure. The stock will have a lot of interested buyers the moment this issue is resolved and evaluated.
It is not a high standard, I am sure you could train a chimp to pass this test[1]. If you know how to use a standard coffee maker and live in a typical American home, and the test is done in an typical American home with a standard coffee maker, you can definitely pass this test 100% of the time. I understand that many people don't live in America and don't know how to use a coffee maker. That is 100% irrelevant. The…
"locate the filters, locate the coffee mugs, locate a measuring spoon" in a random house in America is a very high standard. We’ll have to agree to disagree on that. If you teleport me into a random house, I’ll likely spend at least an hour trying and failing at that task, and most of their cabinets and drawers will be open by the end of it. It also excludes corner cases like "what if they don’t have any filters"? Sh…
and what if there's only a Nespresso machine, a Keurig machine, instant, a french press, a moka pot, or a cappuccino machine (we can argue if an americano is actually coffee, but if that's what the house has, and no drip machine + accoutrements, you're not getting anything else)? Human or bot,
that's a lot of possibilities to deal with, but for a bold human unfamiliar with those, they're just a YouTube video away (multiple ones if it's a fancy cappuccino machine). Until AI can learn to make coffee or change an oil filter on a 1997 GMC from watching a YouTube video, it'd be hard to consider it human-grade, even if it has been trained on all of YouTube, which assumedly Google has done. There are certainly things people do on YouTube that I couldn't do after a lot of intense practice, though, so I'm not totally convinced that's the right standard. It doesn't cost millions of hours and dollars of training and fine tuning time for me to, say, be able to tie a bow tie from a YouTube video though, even if it does take me a couple of tries.
Google is probably the most undervalued tech company there is currently, by far : 1.) Has cutting edge in house AI models (Like OpenAI, Anthropic, Grok, etc.) 2.) Has cutting edge in house AI hardware acceleration (Like Nvidia) 3.) Has (likely) cutting edge robotics (Like Boston Dynamics, Tesla, Figure) 4.) Has industry leading self driving taxis (Like Tesla wants) 5.) Has all the other stuff that Google does. (Like…
Your assumptions are actually not correct. They are behind in many AI areas. Their LLM models for example are not in the same level as the frontier models. The main reason Flash 2.0 is so popular is that it's good enough for most things and is 30 times cheaper from Sonnet 3.7 for example.
They definitely have pricing power and also a large stake in Anthropic, so I'm not worried about them.