101–110 of 192 posts
Pichai has been a very poor CEO but Google's position was so strong that it is still doing fine. I am sure he is in the founder's good graces so as long as the company's stock takes a big dive he is gonna stay at the helm and keep raking in the big bucks.
Pichai is being evaluated for his effect on stock price. His shareholders don't care if every product and service they offer has gotten worse for users in the meantime. Gemini keeping pace with Claude and ChatGPT is clearly some kind of management victory, because Zuckerberg and Musk don't seem to be able to do it despite having limitless cash to spend.
Like they removed the youtube dislike button
what else?
Everything seems to be getting better. Tying incentives to Waymo is almost unfair because Waymo is amazing and just keeps getting better.
Pichai has been a very poor CEO but Google's position was so strong that it is still doing fine. I am sure he is in the founder's good graces so as long as the company's stock takes a big dive he is gonna stay at the helm and keep raking in the big bucks.
Poor CEO my abs. When ChatGPT came out Microsoft was singing victory songs, and predicted Google's imminent death. 3 years later Google has one of the best models and Microsoft is still borrowing OpenAI's model. Not only that, Google is running their models on their own hardware, not Nvidia's.
Sundar misses the mark on these things. AI is a good example. Google invented the transformer architecture, but simply published it for its competitors to use. It took a code red in 2023 to finally push Google to develop products based on this.
Cloud. Years late to the game. All it would have taken is a letter similar to the famous Bezos memo to eventually get all of Google's world-class scaled infra pointing externally and generating revenue. Instead, Google Cloud started late, and couldn't reuse much of the internal infrastructure.
Stadia, another example. That architecture is probably the future. It's not clear how gamers in developing countries are going to afford thousands of dollars in hardware that sits idle 90% of the time.
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No, these are RSUs, which - to your shock - are taxed as ordinary income upon payout (if that even occurs). He did not get some custom stock now that will appreciate in value magically, if and only if he meets targets - or certain types of options can also act like this. Even if GOOG stock grew so much, that this ended up being a $3B pay package, he'd be taxed as ordinary income on the full amount at payout - not eve…
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Not the person you're replying to, but something that has bothered me about him (and a lot of SV tech), is how they did rapid over-hiring in 2022, then a year later fire a bunch of people, while he claimed he took "full responsibility", but still got a nice happy bonus that year. I'm not sure I know what "taking full responsibility" actually means, because to me it seems like if you have to lay off thousands of peopl…
The "I take full responsibility" thing has been entirely meaningless. I guess it's supposed to convey that it's not the laid-off folks' fault, and that it was "his decision", but as you said: "taking full responsibility" without any real impact to his life? I may as well take full responsibility for the layoffs. It'd mean just as much.
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> Pichai has been a very poor CEO Why do you say this? I’m not familiar with him, and really haven’t paid much attention to Google’s strategy beyond cultural awareness, but I think Google has done well with staying competitive in AI, is dominating the self driving battle with Waymo, and has mostly kept its good brand intact (no small feat when you are so big). Are there some big mis-steps I don’t know about?
Sundar was at the helm when the decision to worsen search results for the sake of ad revenue was made. Previously, the two concerns were "firewalled" so as to prevent the money-generating side of the company from eroding the user experience. This is a theme that's been at the core of every Titan of Industry's decline. That is: chasing of short-term results with disregard for the long term consequences. Alphabet is ju…
Just because they're still making money doesn't mean the company hasn't already been damaged beyond repair. But in this case by the time it's clear the damage is fatal, those at the helm have jumped ship with piles of cash.
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Poor CEO my abs. When ChatGPT came out Microsoft was singing victory songs, and predicted Google's imminent death. 3 years later Google has one of the best models and Microsoft is still borrowing OpenAI's model. Not only that, Google is running their models on their own hardware, not Nvidia's.
I'm pretty sure even chatgpt could have told the senior leaders at Google to invest heavily in AI. Not a difficult call to make.
At least the article mentions that it is contingent on bonus targets. All too often articles skip that and say "Y was paid $$$". Notably, go look at Intel's Pat Gelsinger. Prior to his firing, lots of articles talking about how he was one of the highest paid CEOs (citing numbers in excess of $150M). They'd fail to mention that it was over several years and only if he met targets. Well, he didn't meet those targets. H…
I'm willing to fail as Intel's CEO for the low, low cost of $5m/year, and I can get it done in a year.