4 ms·
Here's what happened: The company has a machine that prints money. And what do creative engineers do when you give them unlimited amounts of money? Really coo
by austenallred 11y ago
Here's what happened:
The company has a machine that prints money. And what do creative engineers do when you give them unlimited amounts of money?
Really cool stuff, like self driving cars and making sure everyone has blazing fast Internet. Turns out if that stuff is successful Google makes even more money.
The only problem is wall street isn't good at delayed gratification. They want to make money now. So milk the cash cow as hard as you can until it falls over dead, then we'll find another cow. It's rational if you lack foresight and vision.
It's almost as if optimizing for immediate shareholder return isn't always the best thing to do. So Larry and Sergei will ignore the pundits (such as this one) who still don't understand why Google is what it is in the first place, and soon our cars will drive us around instead of us driving them.
It's a beautiful thing, really. I wouldn't have it any other way.