But while the company still earns the majority of its revenue from advertising, during his tenure Page has helped to diversify the business. Notably, YouTube is expected to generate nearly $6 billion in revenue this year Maybe I am being pedantic but aren't revenues from Youtube also based on advertising? To the broader point though, why aren't more investors also putting money toward these "moonshots?" Is it because…
That probably should have said 'search advertising'. YouTube is a different type of advertising. Google needs to plan for a day when search advertising comes under attack from the next big thing. Maybe traditional search fades away, etc.
Larry Page is making huge bets on new technology
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Re: Larry Page is making huge bets on new technology
#22Re: Larry Page is making huge bets on new technology
#23Re: Larry Page is making huge bets on new technology
#24Musk wants to colonize and live in Mars and Page is the most ambitious CEO of the universe?
Let's talk when Musk achieves one of his goals :P And no, I don't think musk is more ambitious than page; they are just headed different places.
Re: Larry Page is making huge bets on new technology
#25Earlier quoted context omitted.
That probably should have said 'search advertising'. YouTube is a different type of advertising. Google needs to plan for a day when search advertising comes under attack from the next big thing. Maybe traditional search fades away, etc.
The next "big thing" was supposed to be Siri, Cortana etc which are built into the OS and don't interact with Google. And there has been curious examples of Apple crawling web sites.
Re: Larry Page is making huge bets on new technology
#26It would be great to see google diversify their business model as well as their technology so they weren't getting most of their profit from advertising.
Re: Larry Page is making huge bets on new technology
#27Earlier quoted context omitted.
It sounds like the typical strategy of just asking for something more when it's presented to you, to get more results. It's easier to ask than to make.
The joke is that it's a time machine. Someone brings a working one of those to office and I wouldn't care if it's powered by a butter churn.
Re: Larry Page is making huge bets on new technology
#28Musk wants to colonize and live in Mars and Page is the most ambitious CEO of the universe?
Why does anyone ever continue reading an article after a headline like that? Nothing can follow except a thoughtless a puff piece.
Re: Larry Page is making huge bets on new technology
#29But while the company still earns the majority of its revenue from advertising, during his tenure Page has helped to diversify the business. Notably, YouTube is expected to generate nearly $6 billion in revenue this year Maybe I am being pedantic but aren't revenues from Youtube also based on advertising? To the broader point though, why aren't more investors also putting money toward these "moonshots?" Is it because…
That probably should have said 'search advertising'. YouTube is a different type of advertising. Google needs to plan for a day when search advertising comes under attack from the next big thing. Maybe traditional search fades away, etc.
YouTube has content producer lock-in, which is tremendously helpful. And it may be that there's just no room for improvement massive enough to pull people away, that video delivery is close enough to its peak to not leave any room for real competition.
But if content was elsewhere, YouTube revenue would vanish very quickly indeed.
Search, on the other hand, still has massive room for improvement. Someone, somewhere will eventually do it. And there's nothing that would keep users on Google search when they do.
It's not like Facebook where's there's a huge network effect. Once there's a notably better search option, it wins very very quickly.
Re: Larry Page is making huge bets on new technology
#30Earlier quoted context omitted.
Let's talk when Musk achieves one of his goals :P And no, I don't think musk is more ambitious than page; they are just headed different places.
Seriously I would consider Musk an Co have achieved several of their goals. Each one being the step on the way to a bigger goal.