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Google Earning Q1 2024 [pdf]

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Re: Google Earning Q1 2024 [pdf]

#181

Post by metadat »

w34t wrote: post #180
metadat wrote: post #151

Earlier quoted context omitted.

Yes, and this strategy is only good for one or two pumps, because the advertisers will eventually notice the lower engagement rate per dollar of spend and reduce their commitment accordingly. I'm curious what 2025 will look like for Elgoog. There are only so many desperate death throw spin tweaks available before the opportunities for indirection are exhausted.

But Google and Meta can easily manufacture views for whoever pays the most by showing those ads more. And then every other advertiser has compete with that price. I mean if 2 big movies are being released this weekend and one producer is willing to spend 5 million on ads then pressure on the other producer goes up to spend 6. Its not that simple or scientific to connect how the movies perform to the ads. Same with po…

Fantastic points and perspective, thanks for sharing, w34t. This makes sense.

Re: Google Earning Q1 2024 [pdf]

#182

Post by sharadov »

marcosdumay wrote: post #131
sharadov wrote: post #100

Earlier quoted context omitted.

You have no idea of Whatsapp's marketshare in India - all small businesses use Whatsapp for all communication and even take payments. That's a 1.4B population.

How does whatsapp make money? (At all, and how much?) It's not possible it makes as much as the main Meta properties. It has no ads on anything people use.

They have a business api and take a cut of transaction fees on whatsapp pay.

And they obviously cross-reference the data with Instagram/FB to sell you stuff.

Re: Google Earning Q1 2024 [pdf]

#183

Post by sharadov »

sangnoir wrote: post #177
marcosdumay wrote: post #131

Earlier quoted context omitted.

How does whatsapp make money? (At all, and how much?) It's not possible it makes as much as the main Meta properties. It has no ads on anything people use.

I suspect WhatsApp has a better shot at being the "everything app" compared to Twitter.

Am guessing they want to become like "wechat"

Re: Google Earning Q1 2024 [pdf]

#184

Post by mepiethree »

jldugger wrote: post #109
lupire wrote: post #75

Earlier quoted context omitted.

This has nothing to do with layoffs. They have plenty of money for salary even after these payouts. The layoffs are intended to reduce costs / increase profit. Google has no desire for employees; they only have employees insofar they are a necessary expense.

Once upon a time it was said by Google leadership the biggest cost Google pays is opportunity costs, chiefly in the form of projects and products they don't pursue.

And back at that time they had way fewer employees than they do now, so that made sense.

Re: Google Earning Q1 2024 [pdf]

#185

Post by wyclif »

harryp_peng wrote: post #160
aworks wrote: post #136

Earlier quoted context omitted.

Everyone on the planet? Even in China or Russia?

Google is just good. You use it to get human answer to a question and find relevant information on a topic. Those are of human nature.

Google used to be good. Now the result you want is sometimes on the third or fourth page. They've cannibalized it.

Re: Google Earning Q1 2024 [pdf]

#186

Post by twojobsoneboss »

FredPret wrote: post #166
rvz wrote: post #157

Earlier quoted context omitted.

With the amount of mindshare, infrastructure and over 90% of the search engine market share that Google has, it will take decades to even begin to challenge Google's market share in search. We've seen this with Neeva which is now no more. Perplexity appears to be no different and only appeals to techies and at the same time is already dependent on Google search for their results, according to The Information. In fact…

They'll probably never budge from the top of the search pile. But search itself may decline over time. The same happened to everyone from steam train companies to Xerox to cable companies. These guys are next.

“If everybody sees it coming, it’s not coming.”

Re: Google Earning Q1 2024 [pdf]

#187

Post by abkolan »

WheatMillington wrote: post #146
darth_avocado wrote: post #8

> Alphabet’s Board of Directors today authorized the company to repurchase up to an additional $70.0 billion of its Class A and Class C shares in a manner deemed in the best interest of the company and its stockholders The most important item on the report

Why don't American companies pay dividends? I assume it's not tax efficient to pay dividends in the US?

MSFT pays dividends.

Re: Google Earning Q1 2024 [pdf]

#188

Post by salesynerd »

animanoir wrote: post #116
sharadov wrote: post #101

Earlier quoted context omitted.

I was asking GPT some question reg a Postgres feature , it gave me the answer with the caveat that it's knowledgebase hadn't been updated in a year. I went right back to google.

lol at people still using Google. Kagi is far superior.

Recently, I read on another HN thread that Kagi uses Google to build its index. If that's the case, the only way Kagi appears better than Google is that it doesn't show ads. Not sure, if my understanding is correct or not.

Re: Google Earning Q1 2024 [pdf]

#189

Post by vineyardmike »

CamperBob2 wrote: post #142
falcor84 wrote: post #81

Earlier quoted context omitted.

>I’m not going to use an LLM to shop for car insurance or look for hotels. As I understand it, this is a great use-case for AI agents (a-la Custom GPT) and I wouldn't be surprised if the tech for that matures over the next year.

Yes, it's a great use case for using local AI agents to shop for the best deal on the consumer's behalf. Or did you mean Google's AI agent, or hotels.com, or somebody else with a built-in conflict of interest? Well, in that case, no thanks.

Will local AI agents be the "linux desktop" of the next generation? Because as I understand it, next year is gunna be the year that local AI agents become a thing for the normies.

Re: Google Earning Q1 2024 [pdf]

#190

Post by vineyardmike »

chatmasta wrote: post #42
dmckinno wrote: post #9

I thought that this earnings announcement would be the first one where we'd see some impact from competitive knowledge engines, e.g. Perplexity, You.com, ChatGPT + Bing, etc., but Google still grew search $6B/15%. This is impressive both because it's hard to keep such a big business growing at that rate and because essentially everyone in my social circle has moved on from going to Google first for information. I gue…

Google Search is a product embedded in the lives of everyone on the planet. I wonder to what extent its growth is a reflection of increasing population and Internet penetration. Even if "competitive knowledge engines" impacted Google Search, the effect would likely be minuscule compared to existing growth trajectories. Speaking personally, there are some queries where I prefer an LLM. But usually I start with Google,…

> its growth is a reflection of increasing population and Internet penetration

Considering the explicit link their growth opportunity to internet penetration (as does Facebook), I would say its a very strong reflection.

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