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This was true even when Larry was in charge. Google is not an energy company. It has no use whatsoever for weak sauce kite generators. Nor is it a car company,
by m0zg 7y ago
This was true even when Larry was in charge. Google is not an energy company. It has no use whatsoever for weak sauce kite generators. Nor is it a car company, so expect Waymo to be spun off or sold in the foreseeable future. Nor is it a medical company or an ISP.
Prediction: all "other bets" not related to Ads, Search, and Cloud will be gone and forgotten within 5 years. Deepmind will probably remain, but will refocus on stuff that has more than just PR value.
- foota 7y agoGoogle is not an energy company, but the (supposed claim, ymmv) is that Alphabet is a conglomerate, not just Google.
- jjeaff 7y ago>alphabet is a conglomerate Some may claim that. But there is little support for it besides the fact that they simply structured it that way for strategic purposes and possibly to try to de-emphasize their search dominance for the monopoly hawks. The 'Google' portion of Alphabet is the only net income producer and almost the only revenue producer. All other Alphabet business are big time money losers right now.
- davidivadavid 7y agoThat's the point Peter Thiel made to Eric Schmidt's face before Alphabet even existed. Google doesn't want people/regulators to think they're a monopolistic search engine, so they build that phony shell company to host a bunch of nonsense sideshows to divert attention.
- m0zg 7y agoFollow the money. Whoever pays (Google), defines the rules. Alphabet is a fiction, especially now under Sundar.
- jacquesm 7y agoGoogle is not a conglomerate either. Yamaha, that's a conglomerate. Real products, from musical instruments to motorcycles, supported and a relatively strong brand in every market they operate in on merit.
- swsieber 7y agoWaymo might be part data company though.
- person_of_color 7y agoWeak? That's a bit harsh...
- deleted 7y ago[deleted]