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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%

#51

Post by aiahs »

Pxtl wrote: post #27
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.

Obligatory Steve Yegge rant about the Google deprecation treadmill: https://steve-yegge.medium.com/dear-google-cloud-your-deprec... > Dear RECIPIENT, > Fuck yooooouuuuuuuu. Fuck you, fuck you, Fuck You. Drop whatever you are doing because it’s not important. What is important is OUR time. It’s costing us time and money to support our shit, and we’re tired of it, so we’re not going to support it anymore. So drop your…

Great read, thanks for sharing

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

#52

Post by JCM9 »

lvl155 wrote: post #14
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…

AWS is lagging in AI, but not by choice. Their leadership is in an all out panic at the moment trying to catch up.

A lot of folks agree though that the smarter play would have been just just sit more on the sidelines intentionally and wait for the bubble to burst, then buy up stuff cheap in the resulting fire sales. AWS should have just focused on the core compute and storage services, which they do well.

AWS simply doesn’t have the right talent to do well in AI at the moment and the folks they did have mostly fled elsewhere.

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

#53

Post by piva00 »

smt88 wrote: post #25
lvl155 wrote: post #14

Earlier quoted context omitted.

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…

Apple is "taking it easy" because of embarrassing ineptitude, not because it's their strategy

It can be both, they're taking it easy meaning they aren't on a hiring spree of "top talent" (like Meta paying 8-9 figures for such) which in turn becomes ineptitude since they aren't betting on it.

Even the labour market for the required skills is absurdly overvalued, if they don't see it as a major priority they won't spend the necessary rates for it.

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

#54

Post by mg »

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.

One approach to prevent being hit by "stack rot" is to build everything on top of plain Linux VMs.

Those rarely change.

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

#55

Post by refulgentis »

embedding-shape wrote: post #34
refulgentis wrote: post #9

Earlier quoted context omitted.

> it is a strategy employed to slow down development at other companies, and so help preserve the moat. Worked at Google for 7 years, and your post reminds me it is time to share a secret: it is Koyaanisqatsi* and people's base instincts unbridled, no more. There is no quicker route to irrelevancy than being the person who cares about something from last years OKRs. * to be clear, s/Koyaanisqatsi/too big to exist hea…

If it's so obvious, and Google supposedly know this internally, and can obviously tell by others that some are avoiding Google because they're fast at sunsetting services, why are they not doing anything about it?

Imaginary conversation between an honest VP and earnest year 0 me, here's what the VP says: "We definitely care about deprecations: now tell me how to accomplish that with Sundar's Focus™* Agenda over the last 2 years"

* no net headcount increases, random firings, and any new headcount should be overseas. i.e. we have the same # of people we did in 2021 with 50% more to do.

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

#56

Post by refulgentis »

jp_nc wrote: post #36
refulgentis wrote: post #9

Earlier quoted context omitted.

> it is a strategy employed to slow down development at other companies, and so help preserve the moat. Worked at Google for 7 years, and your post reminds me it is time to share a secret: it is Koyaanisqatsi* and people's base instincts unbridled, no more. There is no quicker route to irrelevancy than being the person who cares about something from last years OKRs. * to be clear, s/Koyaanisqatsi/too big to exist hea…

If they actually incentivized a group to support stability and continuity among enterprise customers, they would probably be able to diversify their revenue away from ads. Microsoft understands this…

The real sick thing is it doesn't matter, right? Like we're commenting on an article about how they won the day yesterday and Cloud revenue continues to skyrocket.

To be clear, I agree with you, and am puzzled by the lack of consequences from the real world for the stuff I saw. But that was always the mystery of Google to me, in a nutshell: How can we keep getting away with this?

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

#57

Post by CamouflagedKiwi »

r_lee wrote: post #30
written-beyond wrote: post #26

Earlier quoted context omitted.

Oh my god I thought I was the only one. Everyone says that you should be using the command line anyway, but I'd rather use a GUI but it's disgustingly slow.

The CLI also takes like 5 seconds to do anything

It surprises me that it's built in Python (as is AWS'), which doesn't seem like a very appropriate language for exactly this reason. Go would seem much more apposite.

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

#58

Post by wslh »

hypeatei wrote: post #47
shubhamjain wrote: post #31

This is one of the reasons I believe Google will ultimately win the AI race once the VC funding tap runs dry. For all its breakthroughs, OpenAI lacks any fiscal discipline. Sam Altman seems convinced that as long as they’re delivering value and have a clear mission, the money will somehow take care of itself. That’s fine for now, but the music will stop playing one day. When it comes to software engineering at scale,…

I hold the exact same sentiment. The safest investment you can make in this AI race is Alphabet. The smaller players being wrapped up in this (CRWV, NOK, etc...) are going to get obliterated when the returns are not as good as previously thought. The bigger players will take a hit, but not as much as the small ones. NVIDIA also seems like a risky bet given all the money they're passing around in circles to themselves…

NVIDIA also seems like a risky bet because Google has their own chips R&D. It's not just another data center buying NVIDIA's GPUs. BTW Apple is following suit regarding chips, don't know if at some point Apple will offer any cloud service or continue to work on their ecosystem only.

Beyond that there are a lot of new chip companies attacking the market: https://news.ycombinator.com/item?id=45686790

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

#59

Post by BoredPositron »

hypeatei wrote: post #47
shubhamjain wrote: post #31

This is one of the reasons I believe Google will ultimately win the AI race once the VC funding tap runs dry. For all its breakthroughs, OpenAI lacks any fiscal discipline. Sam Altman seems convinced that as long as they’re delivering value and have a clear mission, the money will somehow take care of itself. That’s fine for now, but the music will stop playing one day. When it comes to software engineering at scale,…

I hold the exact same sentiment. The safest investment you can make in this AI race is Alphabet. The smaller players being wrapped up in this (CRWV, NOK, etc...) are going to get obliterated when the returns are not as good as previously thought. The bigger players will take a hit, but not as much as the small ones. NVIDIA also seems like a risky bet given all the money they're passing around in circles to themselves…

It's not that easy. Tim is probably rubbing his hands until he can bring anthropic under the apple umbrella.
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