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Google Earning Q1 2024 [pdf]

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Re: Google Earning Q1 2024 [pdf]

#231

Post by hooloovoo_zoo »

falcor84 wrote: post #81
baron816 wrote: post #39

Earlier quoted context omitted.

I think that most of the traffic being stolen away is going to be for low value searches. I (and probably almost everyone else) use Google when I already know what I want, ie I’m trying to get to a company’s website to buy a particular thing, but don’t know their url name. I’m not going to use an LLM to shop for car insurance or look for hotels.

>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.

The whole agent idea is questionable anyway. Sites are are already optimized to require the absolute minimum effort for conversion and most of the interesting aggregator sites already exist and are similarly optimized. Who's going to want a clunky natural language interface that breaks half the time?

Re: Google Earning Q1 2024 [pdf]

#232

Post by gitfan86 »

hn_go_brrrrr wrote: post #224
klohto wrote: post #205

Earlier quoted context omitted.

this isn’t a fucking HR email thread, fired means layoff in these lands

There's a meaningful difference between the two. You're fired for doing something wrong. You're laid off if the company wants to cut costs.

That is what corporate HR and Executives want you to think.

Layoffs can make it look like the company is having problems so instead of doing that they will create vague KPIs so that employees will not meet them so they can be fired.

Re: Google Earning Q1 2024 [pdf]

#233

Post by lmz »

gnabgib wrote: post #222
lmz wrote: post #221

Earlier quoted context omitted.

No, those are Backups stored in iCloud / Google Drive. Google / Apple have access to those, not Meta.

They are no longer end to end encrypted if google/apple have access

They are encrypted to your device and your device can upload them unencrypted in backups if you don't configure encryption. Plus the original argument was Meta did not have access.

Re: Google Earning Q1 2024 [pdf]

#234

Post by DanielHB »

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…

> I guess our demographic is not predictive of the larger market.

I think it is, "our demographic" is just a few years ahead of the masses. For example MacBooks started getting popular with programmers way before they got popular with the masses.

Re: Google Earning Q1 2024 [pdf]

#235

Post by klohto »

hn_go_brrrrr wrote: post #224
klohto wrote: post #205

Earlier quoted context omitted.

this isn’t a fucking HR email thread, fired means layoff in these lands

There's a meaningful difference between the two. You're fired for doing something wrong. You're laid off if the company wants to cut costs.

whatever the drones command. end result is the same.

Re: Google Earning Q1 2024 [pdf]

#236

Post by iaseiadit »

darkwizard42 wrote: post #37
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…

I think this is the same thing I feel when I read Meta's earnings. I continue to see growth in usage of their core properties but I don't think my entire circle touches Facebook or even Instagram nearly as much. Whatsapp certainly isn't driving those ad dollars so it truly is remarkable how disconnected my demographic (loosely using my here) is from the overall world usage.

I've thought this about Facebook/Meta for so many years now, and I continue to be proven wrong time and time again.

Re: Google Earning Q1 2024 [pdf]

#237

Post by Rastonbury »

wslh wrote: post #148
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…

The volume of search ads I see increased dramatically since one year ago. Just adding a data point to the discussion.

Exactly and this is what they've been doing, per the recent trial and post on the guy who destroyed Search. That's what 90% market share let's you do, stuff another 1 or 2 ads before results, reword/suggest queries so they are more valuable, worsen results so people try more queries (and see more ads) for one search, articially boost the 2nd ad bid (in a second price auction) so that the winner has to pay more than 2nd place bid.

Been a shareholder a long time and 20%+ growth on 11-digit quarterly revenue still mindboggled me

Re: Google Earning Q1 2024 [pdf]

#238

Post by iaseiadit »

amrocha wrote: post #207
omoikane wrote: post #43

Earlier quoted context omitted.

Layoff is not the same as "fired". Please use the correct terminology in consideration for those who lost their jobs. Also, the termination dates for those who were laid off in January 2023 would be around April 2023 (the layoff news came earlier due to WARN act), so the employee count as of 2023-03-31 might not include those people. This means a difference of ~10000 can be accounted for by the 2023-01-20 round of la…

In what world is “laid off” better than “fired”? Either way the company screwed you, doesn’t matter how they justify it

If you've been fired, it typically signals you had very bad performance or committed some fireable offense. If you were laid off, you were ostensibly just on the wrong team at the wrong time.

It's not about how you view your last employer, it's about how your next potential employer will view you.

Re: Google Earning Q1 2024 [pdf]

#240

Post by pb7 »

harryp_peng wrote: post #162
EL_Loco wrote: post #74

Earlier 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?

First time on HN? Welcome.
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