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Because rebranding a chat app as it evolves instead of calling it '2.0' doesn't imply you have spare resources to check notes utterly revolutionize battery tech
by anoncareer0212 6y ago
Because rebranding a chat app as it evolves instead of calling it '2.0' doesn't imply you have spare resources to check notes utterly revolutionize battery technology out of nowhere.
Google's CFO's strategy has been to incubate those ideas and either sell them to industry or spin them off with independent investment after the, say, first $10 billion in costs.
- missedthecue 6y agoIt's not anything specific to Google. Tech is awash in cash and breakthroughs have been lacking. This seems like an obvious opportunity yet no one seems to be going for it.
- creato 6y agoGoogle supposedly is doing exactly this in some fields, e.g. Quantum computing. But I don't know enough about Quantum computers to tell if that effort is producing anything of value, I'm leaning towards no at this point. Maybe just throwing cash at a problem isn't as easy as it seems.