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> Google is not just ads. Bad example given how aggressively they terminate products which don't generate the same revenue as ads. > Apple is not. Best examp
by CapeTheory 2y ago
> Google is not just ads.
Bad example given how aggressively they terminate products which don't generate the same revenue as ads.
> Apple is not.
Best example, they have done a fantastic job of being both a tech company and pseudo-fashion company.
> Amazon is not.
They don't make anything (at least nothing people want to buy) and have ad revenue as an increase slice of their pie.
> Tesla is not.
Even bigger hype/speculation vehicle than Nvidia.
> NVidia is not.
Nvidia of 5 years ago would not have appeared on this list, being too much of a niche tech company. Good at what they do, but hugely hype-fuelled.
> Netflix is not.
Running out of growth potential with their current business model, starting to introduce ads!
- Certhas 2y agoNvidia's valuation is in part driven by the fact that their chips potentially disrupt the vehicle for ad revenue that is search. For all his insanity, the one thing I respect Musk for, is that he actually started successful companies that make stuff. Creating a new car manufacturer of the scale of BMW out of nothing was widely considered impossible before. Of course he did this from a position of extreme wealth, but none of his peers managed to do that. Everyone else is just seeking rent by trying to be first to implement some tech transition that is coming anyway. And that might be a lot more valuable to society if it was managed differently...
- erulabs 2y agoAmazon doesn’t make anything anyone wants to buy? Not to be snarky, but if AWS counts as “nothing” I’d sure like a slice of nothing please.
- CapeTheory 2y agoAWS is a (collection of) service(s) which can scale and have low marginal cost of reproduction. Fire Tablets are a real thing you can buy, but they are shit so nobody does.
- erulabs 2y agoSorry, are you suggesting AWS Services "aren't real things"? If I pay for a database server in Virginia, how is that not real?
- erulabs 2y agoI get that you meant “physical” but this blur between “advertising isn’t a useful thing for an economy to focus on” and “services are not real” is a bit of a jump! Cloud services don’t just exist on their own accord. Datacenters are physical and real!
- Jlagreen 2y agofortunately, it's not for a one person to decide what an economy needs or not. The demand is there and that's why we have "ad companies".