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Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

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Re: Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

#11

Post by tomaytotomato »

There was a blog post on here the other day about moving back to bare metal hosting with practical explanations and problem solving.

Cloud is great but its just borrowing someone else's machine for a fee. It's like a hyper-scalable and granular mainframe but like all mainframes, the client is powerless without it.

We need to get our acts together and not allow ourselves to be smothered in silicon nimbus (clouds) and lose track of the open sky that is the internet.

I am not suggesting going back to the 2000s with a small tower PC under someone's desk with a blinking light running a business critical cron job.

Just that we need more appetite to take responsibility of our servers and systems. Yes it takes time to manage and get up to speed, but that's empowering right....?

Re: Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

#12

Post by wqaatwt »

PunchTornado wrote: post #7
andrewstuart wrote: post #3

Such a blerg nothing company with almost no innovation sitting on a cash volcano that never stops erupting. I often think about what an incredible bargain YouTube was at $1 billion.

almost no innovation? from transformers to alphago to the quantum stuff.

A bit like Xerox, Bell, Kodak or IBM back in the day then?

Re: Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

#13

Post by chii »

tomaytotomato wrote: post #11

There was a blog post on here the other day about moving back to bare metal hosting with practical explanations and problem solving. Cloud is great but its just borrowing someone else's machine for a fee. It's like a hyper-scalable and granular mainframe but like all mainframes, the client is powerless without it. We need to get our acts together and not allow ourselves to be smothered in silicon nimbus (clouds) and…

> Yes it takes time to manage and get up to speed, but that's empowering right....?

I rather not, but instead these compute clouds should be treated similarly to utilities - you don't really want to be running your own generators for electricity do you? So why is it that we can setup utilities properly, where everybody can trust that it stays on and usable for a price low enough?

My theory is that vendor lock in is the cause. Cloud should be a commodity, but it isn't because nobody in the cloud business wants to be a commodity. Hence, they have every incentive to prevent it from happening.

Re: Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

#14

Post by lvl155 »

JCM9 wrote: post #4

Impressive results. Microsoft also reported strong cloud growth yesterday. Amazon reports today. AWS has been slipping and at current growth rates would slip to the number 2 cloud provider in a few years time… let’s see if that trend holds true today.

Amazon and Apple are two companies taking it conservatively in this bubble. Possibly because they actually have gone through the last bubble with some pain. Microsoft to some degree but they have the luxury of OpenAI.

We are at a point in this bubble where planned capex is approaching theorectical limits of actual energy capacity. Let’s see when they start pumping coal companies because they restart those plants…not even joking.

Re: Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

#15

Post by fidotron »

csomar wrote: post #8
andrewstuart wrote: post #3

Such a blerg nothing company with almost no innovation sitting on a cash volcano that never stops erupting. I often think about what an incredible bargain YouTube was at $1 billion.

They have completely monopolized access. I was thinking am a weird exception for not ranking for the exact name/domain of my product until I have met a couple other entrepreneurs who have names/domains and still don't rank first but instead some other random website will show up. So just the simple fact of "existing" on the Internet now costs money. Not only that, with their ads, you can target competitors search nam…

> So just the simple fact of "existing" on the Internet now costs money. Not only that, with their ads, you can target competitors search names. So you need to outbid your competitors so that your users don't get directed to your competitors by "accident".

To be clear, they have been doing this for so long I was first told it by a friend in the travel sector almost 20 years ago, along with the explanation of why this ends up absorbing a frightening proportion of the spare money in the economy.

The whole reason Google had such a nightmare over Facebook was FB is the only thing that broke their monopoly on this, which is why FB also prints money.

Re: Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

#16

Post by blitzar »

RedShift1 wrote: post #2

We use GCP at work, it works well for what we use it (VMs, container storage, cloud file storage), I wish they would stop deprecating stuff though, it just causes developer busy work with no additional value.

It helps companies develop a vendor agnostic culture, its a great thing.

Re: Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

#17

Post by lazyfanatic42 »

andrewstuart wrote: post #3

Such a blerg nothing company with almost no innovation sitting on a cash volcano that never stops erupting. I often think about what an incredible bargain YouTube was at $1 billion.

Simple math proves that wrong. You don't make billions doing nothing.

Re: Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

#18

Post by formercoder »

chii wrote: post #13
tomaytotomato wrote: post #11

There was a blog post on here the other day about moving back to bare metal hosting with practical explanations and problem solving. Cloud is great but its just borrowing someone else's machine for a fee. It's like a hyper-scalable and granular mainframe but like all mainframes, the client is powerless without it. We need to get our acts together and not allow ourselves to be smothered in silicon nimbus (clouds) and…

> Yes it takes time to manage and get up to speed, but that's empowering right....? I rather not, but instead these compute clouds should be treated similarly to utilities - you don't really want to be running your own generators for electricity do you? So why is it that we can setup utilities properly, where everybody can trust that it stays on and usable for a price low enough? My theory is that vendor lock in is t…

Because utilities are commodities and natural monopolies. CSPs are neither.

Re: Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

#19

Post by paganel »

chii wrote: post #13
tomaytotomato wrote: post #11

There was a blog post on here the other day about moving back to bare metal hosting with practical explanations and problem solving. Cloud is great but its just borrowing someone else's machine for a fee. It's like a hyper-scalable and granular mainframe but like all mainframes, the client is powerless without it. We need to get our acts together and not allow ourselves to be smothered in silicon nimbus (clouds) and…

> Yes it takes time to manage and get up to speed, but that's empowering right....? I rather not, but instead these compute clouds should be treated similarly to utilities - you don't really want to be running your own generators for electricity do you? So why is it that we can setup utilities properly, where everybody can trust that it stays on and usable for a price low enough? My theory is that vendor lock in is t…

Utilities prices are also pretty damn high right now, not sure if that’s the best way to choose going forward.

Re: Alphabet tops $100B quarterly revenue for first time, cloud grows 34%

#20

Post by csomar »

fidotron wrote: post #15
csomar wrote: post #8

Earlier quoted context omitted.

They have completely monopolized access. I was thinking am a weird exception for not ranking for the exact name/domain of my product until I have met a couple other entrepreneurs who have names/domains and still don't rank first but instead some other random website will show up. So just the simple fact of "existing" on the Internet now costs money. Not only that, with their ads, you can target competitors search nam…

> So just the simple fact of "existing" on the Internet now costs money. Not only that, with their ads, you can target competitors search names. So you need to outbid your competitors so that your users don't get directed to your competitors by "accident". To be clear, they have been doing this for so long I was first told it by a friend in the travel sector almost 20 years ago, along with the explanation of why this…

Makes sense they are concerned about losing the "browser" because it's no longer about the search/service quality and more about holding the platform that most people use for access.

It's interesting that not many investors sees this and there is little investment in an alternative browser. It is literally a software worth hundreds of billions of $$$. I hate Sam Altman as an individual but I have to admit that he could see it which is probably why he tried to grab "chrome" when an opportunity presented itself.

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