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Larry Page is making huge bets on new technology

fortune.com

21–30 of 79 posts

Re: Larry Page is making huge bets on new technology

#21
post #7

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.

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

#24
post #18
post #13

Musk 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.

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.

Re: Larry Page is making huge bets on new technology

#25
post #7

Earlier 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.

Yes, I find "Hey Siri, search Google for..." to be quite useful.

Re: Larry Page is making huge bets on new technology

#26

It 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.

It does -- there are products for enterprises, hardware, Google Play ecosystem, Internet access (fiber, loon), operating systems, investments into health research and robotics, self-driving cars, house energy and safety products (Nest). Not enough?

Re: Larry Page is making huge bets on new technology

#27
post #10
post #4

Earlier 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.

the joke is why you're still depending on some manager's opinion, bringing it to his office (for what? for demo? for approval?) when you have invented time machine.

Re: Larry Page is making huge bets on new technology

#28
post #13

Musk wants to colonize and live in Mars and Page is the most ambitious CEO of the universe?

Yeah, in the universe. More ambitious even than Glorblax, creator of the monoliths.

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

#29
post #7

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.

The interesting thing is that neither YouTube nor Google search have much user lock-in.

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

#30
post #18

Earlier 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.

Maybe, but so has Page—a self-driving car, a box where you can basically ask a question, the first major piece of wearable electronics after the watch—this aren't trivial. And yet, it doesn't impress me much more than Musk's existing achievements have—they're both in edison territory at the moment—brilliant businessmen—not Gutenberg, world-changing level yet.
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