3 ms·
Matt Stoller’s theory is that Google at this point is like Boeing was maybe a decade ago — an incredible product company that has already been taken over by fin
by CPLX 2y ago
Matt Stoller’s theory is that Google at this point is like Boeing was maybe a decade ago — an incredible product company that has already been taken over by finance types, and on the way to irreversible crash.
- deleted 2y ago[deleted]
- nojvek 2y agoGoogle has a good decade ahead of it. They own major browser and Mobile OS. Default is Google. Most of the world is primed to Google and Bing isn’t any better. Bing is doing the same shenanigans. A new player could beat them at their Game, but Google has a huge ML team and millions of TPUs. They could either buy them or quickly copy them. Google did this to defend against OpenAI and Bing. The big question is whether their bottom line will suffer. Google like every other big corp is beholden to their ever growing market cap. A few negative quarters and they face the fire.