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Google totally crushing it and stock is down 8% today :| Is it just me or is the market just absolutely terrible at understanding the implications and speed of

Google totally crushing it and stock is down 8% today :| Is it just me or is the market just absolutely terrible at understanding the implications and speed of progress behind what's happening right now in the walls of big G?

lenerdenator 1y ago
The market is absolutely terrible at a lot of things.
abirch 1y ago
A potential reason that GOOG is down right now is that Apple is looking at AI Search Engines. https://www.bloomberg.com/news/articles/2025-05-07/apple-working-to-move-to-ai-search-in-browser-amid-google-fallout https://www.bloomberg.com/news/articles/2025-05-07/apple-wor... Although AI is fun and great, an AI search engine may have issues of being unprofitable. It's similar to how 23 and Me got many customers selling a 500 dollar test to people for 100 dollars.
- xnx 1y ago
  Would be quite a financial swing for Apple from getting paid billions of dollars by Google for search to having to spend billions of dollars to make their own.
  - deleted 1y ago
    [deleted]
  - abirch 1y ago
    From the article Eddy Cue is Apple’s senior vice president of services. "Cue said he believes that AI search providers, including OpenAI, Perplexity AI Inc. and Anthropic PBC, will eventually replace standard search engines like Alphabet’s Google. He said he believes Apple will bring those options to Safari in the future." So Apple may not be making their own, but they won't be spending billions either. I'm wondering how the people will be able to monetize the searches so that they make money.
    - mattlondon 1y ago
      FWIW I searched this story not long after it broke and Google - yes the traditional "old school search engine" - had an AI-generated summary of the story with a breakdown of the whys and how's right there at the top of the page. This was basically real time given or take 10 minutes. I am not sure why people think OpenAI et al are going to eat Google's lunch here. Seems like they're already doing AI-for-search and if there is anyone who can do it cheaply and at scale I bet on Google being the ones to do it (with all their data centers, data integrations/crawlers, and custom hardware and experience etc). I doubt some startup using the Bing-index and renting off-the-shelf Nvidia hardware using investor-funds is going to leapfrog Google-scale infrastructure and expertise.
resource_waste 1y ago
Why would any of this have an impact on stock prices? LLMs are insanely competitive and a dime a dozen now. Most professional uses can get away with local models. This is image generation... Niche cases in another saturated market. How are any of these supposed to make google billions of dollars?

lenerdenator 1y ago

The market is absolutely terrible at a lot of things.

abirch 1y ago

A potential reason that GOOG is down right now is that Apple is looking at AI Search Engines. https://www.bloomberg.com/news/articles/2025-05-07/apple-working-to-move-to-ai-search-in-browser-amid-google-fallout https://www.bloomberg.com/news/articles/2025-05-07/apple-wor... Although AI is fun and great, an AI search engine may have issues of being unprofitable. It's similar to how 23 and Me got many customers selling a 500 dollar test to people for 100 dollars.

xnx 1y ago
Would be quite a financial swing for Apple from getting paid billions of dollars by Google for search to having to spend billions of dollars to make their own.
- deleted 1y ago
  [deleted]
- abirch 1y ago
  From the article Eddy Cue is Apple’s senior vice president of services. "Cue said he believes that AI search providers, including OpenAI, Perplexity AI Inc. and Anthropic PBC, will eventually replace standard search engines like Alphabet’s Google. He said he believes Apple will bring those options to Safari in the future." So Apple may not be making their own, but they won't be spending billions either. I'm wondering how the people will be able to monetize the searches so that they make money.
  - mattlondon 1y ago
    FWIW I searched this story not long after it broke and Google - yes the traditional "old school search engine" - had an AI-generated summary of the story with a breakdown of the whys and how's right there at the top of the page. This was basically real time given or take 10 minutes. I am not sure why people think OpenAI et al are going to eat Google's lunch here. Seems like they're already doing AI-for-search and if there is anyone who can do it cheaply and at scale I bet on Google being the ones to do it (with all their data centers, data integrations/crawlers, and custom hardware and experience etc). I doubt some startup using the Bing-index and renting off-the-shelf Nvidia hardware using investor-funds is going to leapfrog Google-scale infrastructure and expertise.

resource_waste 1y ago

Why would any of this have an impact on stock prices? LLMs are insanely competitive and a dime a dozen now. Most professional uses can get away with local models. This is image generation... Niche cases in another saturated market. How are any of these supposed to make google billions of dollars?