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There was a podcast yesterday that explained well why Google is in a tough position. https://youtu.be/-i9AGk3DJ90?t=616 https://youtu.be/-i9AGk3DJ90?t=616 In
by brigadier132 3y ago
There was a podcast yesterday that explained well why Google is in a tough position.
https://youtu.be/-i9AGk3DJ90?t=616 https://youtu.be/-i9AGk3DJ90?t=616
In essence, Google already rules information retrieval. Their margins are insane. Switching to LLM based search cuts into their margins and increases their costs dramatically. Also, the advantage they've built over decades has been cut down.
All of this means there is potential for less profit and a shrinking valuation. A shrinking valuation means issues with employee retention and it could lead to long term stagnation.
- corysama 3y agoThe Innovator's Dilemma over and over again.
- brikym 3y agoI’m sure Kodak had the same problem with the digital camera.
- Eisenstein 3y agoThey did. They invented and patented the digital camera back in the 70s, refused to improve on it for fear of eating their own market base, and then went bankrupt. * https://spectrum.ieee.org/first-digital-camera-history https://spectrum.ieee.org/first-digital-camera-history