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.
Google Earning Q1 2024 [pdf]
211–220 of 273 posts
Re: Google Earning Q1 2024 [pdf]
#212I 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…
> essentially everyone in my social circle has moved on from going to Google first for information. I guess our demographic is not predictive of the larger market. "Google is dead, no one goes there anymore" is one of the most tired takes I see frequently on HN. It's nice to hear someone express the self-awareness to realize that what they see in their immediate circle is not representative of reality.
The smart money is always going against their hate. It’s not enough to stop using their services, but to also convince their friends and family to switch to their choices.
Re: Google Earning Q1 2024 [pdf]
#213Earlier quoted context omitted.
You still have to verify plausible sounding LLM output somewhere.
And Google is doing a worse and worse job of performing that role or any other. There are other search engines and almost all of them are orders of magnitude better than google is now.
Re: Google Earning Q1 2024 [pdf]
#214Earlier quoted context omitted.
The layoffs and dividend are related -- the company's death rattle has been shaking a while now. Management is desperate to retain the confidence of the investor class.
> death rattle Stock up 16% after hours.
Re: Google Earning Q1 2024 [pdf]
#215Earlier quoted context omitted.
The layoffs and dividend are related -- the company's death rattle has been shaking a while now. Management is desperate to retain the confidence of the investor class.
Top 5 most valuable company on earth Massive YoY growth Massive cash horde, buybacks, dividends Target of endless legal actions due to market dominance "death rattle"
Re: Google Earning Q1 2024 [pdf]
#216Earlier quoted context omitted.
I’m a Googler who doesn’t do anything remotely close to setting capital return policy. Just remember Alphabet has been buying back 10s of billions for a while. Dividends are just a different capital return mechanism.
Importantly, dividends devalue issued unvested RSUs.
Re: Google Earning Q1 2024 [pdf]
#217Earlier quoted context omitted.
I’m a Googler who doesn’t do anything remotely close to setting capital return policy. Just remember Alphabet has been buying back 10s of billions for a while. Dividends are just a different capital return mechanism.
Importantly, dividends devalue issued unvested RSUs.
Re: Google Earning Q1 2024 [pdf]
#218Earlier quoted context omitted.
What do you use instead of Google Maps? I don't know enough about alternatives to choose one.
What's even the google hate? the company is great and provides value. Why go into the rabbit hole of worse products?
Re: Google Earning Q1 2024 [pdf]
#219Re: Google Earning Q1 2024 [pdf]
#220I 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…