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Google shares sink following reports that some of their AI demo was faked
- ralph84 3y agoHow does Sundar Pichai still have a job? Isn’t he ultimately accountable for turning Google’s state of the art AI research into multiple bungled attempts at commercialization?
- stillwithit 3y agoNot just AI either. Nothing launched under his tenure has survived. The business hasn’t diversified. Google under an unimaginative McKinsey suit is the epitome of burn money and accomplish nothing.
- epylar 3y agoWell, he's certainly not being held accountable.
- Halen77 3y agoHe's been absolutely useless, and everything relating to AI under his watch this last year has been disastrous. This is all way over his head, he doesn't have either the knowledge, the charisma or spirit to move things forward. They should show him the door before any other major embarrassment.
- paxys 3y agoInvestors are reading balance sheets, not HN comments. Look at Google's stock price since Pichai took over and you will understand how he still has a job.
- ralph84 3y agoGoogle has underperformed all of big tech except Meta since he took over.
- paxys 3y agoPut another way – Google is only the third best performing company in the world just not the first or second.
- lotsofpulp 3y agoThe big tech companies are not playing the same game as other companies in the world. It seems reasonable to hold them to a higher standard if you think they have more potential.
- harpiaharpyja 3y agoWith the resources available at that level the only limiting factors seem to be leadership and what's actually possible. So I think it's fair to hold them to a high standard.
- ralph84 3y agoYou can debate the definition of big tech, but among the companies Google has underperformed in the Pichai era are Apple, Microsoft, Amazon, Nvidia, Tesla, TSMC, Broadcom, Adobe, AMD, and Netflix.
- opdahl 3y agoYou can say that with no leadership and just keep working on ads they would maybe have even more revenue
- 3y ago
- ChrisArchitect 3y agoMore discussion: https://news.ycombinator.com/item?id=38559582 https://news.ycombinator.com/item?id=38559582
- happytiger 3y agoThis is the one demo they needed not to blow. :(
- amf12 3y agoSink is too dramatic for a 1.5% drop. The stock has increased in the past week.
- esperent 3y agoWell, I think it's relevant in that you would expect shares to rise after a major product announcement. The fact that they sink at all is a bad sign.
- est31 3y agoTheir last AI marketing flop from January had a larger drop of 9%: https://www.reuters.com/technology/google-ai-chatbot-bard-offers-inaccurate-information-company-ad-2023-02-08/ https://www.reuters.com/technology/google-ai-chatbot-bard-of... It's weird that they had two such marketing flops in a single year, and both for AI products, and even weirder that such flops happen to the king of the online advertisement market.
- seeknotfind 3y agoYeah, how can you even be certain this is why?
- chatmasta 3y agoWhy would Google announce a software release, without releasing it? There are many answers to that question, but "because it works as advertised" is not one of them. I didn't even bother reading their announcement once I saw an HN comment pointing out that nobody can use the thing yet. It's an LLM. If it works like they say, let me talk to it and see for myself. Otherwise, it's pretty obvious why they don't want me to do that...
- asd88 3y agoFlashy product announcements without an immediate release are part of the “big company game”. Usually they are just a mechanism to make leadership more confident about the product by showing them how excited external people are about it, creating hype, etc.
- rdtsc 3y agoGuessing, someone had to get something out of the door before the year ends and people leave for the holidays.
- taosx 3y agooff: In the other thread I found out about chat.google.com, what a product. Growing up I looked up on google products, their simplicity, efficiency and engineering seemed amazing and I strive for those qualities in my software. Google Chat has none of these qualities, it's slow (really slow), complicated and buggy. What's happening to Google?
- maxlamb 3y agoMy guess is: they got a MBA bureaucrat who is mostly adept at increasing his own power as a leader, instead of a technologist who truly values innovation and building quality products.
- wg0 3y agoThe marketing pages, the whole pitch was that we have a native grounds up multi modal that processes multi modal inputs as a whole unlike other approaches where multiple different models of different modalities are stiched together. With all that emphasized, the duck demo was jaw dropping. It felt like now computer systems really have eyes and ears. A computer system is responding and commenting on what it is seeing. That's just really really revolutionary. But then... the fine print somewhere. Which should have been first slide on the video in bold headings staying for a few seconds.