Reminds me of the Stadia reveal, where the first words out of his mouth were along the lines of "I'll admit, I'm not much of a gamer"
This dude needs a new speech writer.
How about we go further and just state what everyone (other than Wall St) thinks: Google needs a new CEO.
One more interested in Google's supposed mission ("to organize the world's information and make it universally accessible and useful"), than in Google's stock price.
It's just doubly icky in the context of Google's original "letter to shareholders": https://www.nytimes.com/2004/04/29/business/letter-from-the-... ("Google is not a conventional company. We do not intend to become one")
Ok, well, maybe not burgers
Unless he starts destroying Larry and Sergey's wealth he will remain as CEO.
For those of us closer to the ground - the "HN hive mind," if you will - in the same industry but not at Google, the signs are far from positive. Top line revenue looks good, but Microsoft grew more in the past decade than Google. There is a massive dependence on advertising revenue, which is so large that it's basically an existential threat to the company (although admittedly, GCP is beginning to show promise after recently posting its first profitable quarter). The rest of the industry is actively fighting Google's ability to display ads to their users. The quality of the flagship Search product is possibly the lowest it's ever been. YouTube is driving users away while picking pennies up off the floor. Employees are leaving to build startups like OpenAI with the tech they researched at Google. Morale is extremely low. Recruiting pipelines are likely suffering; most developers with an offer from Google and a company paying equivalent salary (in other words, the best developers) will not choose Google. Public perception is hostile, amidst both the general public and early adopters like developers. Governments are litigating, potential anti-trust breakups are on the horizon. But most importantly: Google has failed to fundamentally innovate since about 2005; if you disagree, please name an innovative product created from scratch at Google since that time.
Disclaimer: I own Google stock simply by virtue of being invested in mutual and index funds, as are most people.
I'm (mostly) genuinely asking. I might have it confused with another company, and I have to admit I don't follow self-driving closely.
But also, Waymo was an acquisition (slightly arguable, since Google merged it with its own self-driving efforts, but the founding team was acquired). I asked for an example of an innovative product created from scratch at Google.
I don't think the fact that some of the first people on the team had worked together previously makes Waymo not "created at Google". The project they worked on before, the DARPA challenge, was not a commercial product, and at the time no company was seriously investing in self-driving cars as a viable technology. This isn't like YouTube, which was a well-known brand and viable business pre-acquisition. It was Google resources that made it possible to build the rest of the Waymo team, lobby governments to allow self-driving cars on the road, work with hardware manufacturers, and leverage the rest of Google's software stack, ML expertise, street view data, and datacenter capacity to build and train the driver.
I've been making this exact comparison for years at this point.
Both inherited companies with market dominant core products in near monopoly positions. They both kept the lights on, but the companies under them repeatedly fail the break into new markets and suffer from a near total lack of coherent vision and perverse internal incentives that contribute to the failure of new products. And after a while, the quality of that core product starts to stumble as well.
The fact that we've seen this show before makes it all the more baffling to me that investors are happy about it. Especially when in the same timeframe we've seen Satya Nadella completely transform Microsoft and deliver relatively meteoric performance.
It's not all perfect and wonderful, but they're miles away from the Gates/Ballmer era, it's remarkable.
There seems to be some small pocket of tech people who are permanently enthralled by this organization. Does Nadella have is own reality distortion field? If so it must be pretty damn strong in order to pierce the smell of dog shit surrounding his employer.
If only there was some technology that could help "generate" such text.