Earlier quoted context omitted.
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.
Larry Page is making huge bets on new technology
31–40 of 79 posts
Re: Larry Page is making huge bets on new technology
#32Musk 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
#33But 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…
The time horizon for moonshots is way too long for the average VC. Google started working on autonomous cars c. 2010, and I'd be fairly astonished if they're available for sale to the general public by 2020.
Re: Larry Page is making huge bets on new technology
#34It 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?
Google is trying to diversify, but they haven't been successful at turning a profit on non-advertising products, at least not yet.
Re: Larry Page is making huge bets on new technology
#35But nanoparticles for drug deliver is interesting but they've been doing something similar with bio-engineered antibodies since the early 2000s. (in fact, if you're rich enough you can get a tailored cancer treatment with antibodies specific to your own specific cancer - this has been around for awhile)
I've long hoped that self-aware AI would come out of Google, but perhaps not.
In comparison, Elon Musk seems like the true visionary.
Re: Larry Page is making huge bets on new technology
#36Musk wants to colonize and live in Mars and Page is the most ambitious CEO of the universe?
Re: Larry Page is making huge bets on new technology
#37Earlier quoted context omitted.
The time horizon for moonshots is way too long for the average VC. Google started working on autonomous cars c. 2010, and I'd be fairly astonished if they're available for sale to the general public by 2020.
Google is a public company, and I think the average Wall Street investor is even more 'short-term' than VCs. In fact, it should be a surprise that investors are not questioning such spending. What insulates these moonshot projects from investor ire is that as an expense, they are only a very small part of the total revenue of Google.
Re: Larry Page is making huge bets on new technology
#38I'm glad that Google has enough money to take on risky projects. So much of what they do fails - they essentially only have advertising. But to be honest nothing in that article seemed that world-changing or interesting. Even the nanoparticles are mundane and not much more of an extension of the work that's been going on since the 90s on bio-chips for detection. But nanoparticles for drug deliver is interesting but t…
Re: Larry Page is making huge bets on new technology
#39Musk 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.
Some people like puff pieces, or don't spend much time worrying about whether Glorblax got his fair recognition. (Personally, I agree with you)
Re: Larry Page is making huge bets on new technology
#40I'm glad that Google has enough money to take on risky projects. So much of what they do fails - they essentially only have advertising. But to be honest nothing in that article seemed that world-changing or interesting. Even the nanoparticles are mundane and not much more of an extension of the work that's been going on since the 90s on bio-chips for detection. But nanoparticles for drug deliver is interesting but t…
You may be giving up too soon here. None of the fruits of Google X's labors have hit mainstream production yet. You'll be able to judge them once they have.