$16k is what a wealthy person may spend on a vacation without a second thought. Amazing.
Now, you could argue in favor that Cloud makes some revenue beyond ads; but are a third tier offering that is only there because ads cash was tossed into a furnace. They are “profitable” now, but there’s no way they’ve made back the money they burned and they won’t for a while.
None of the robotics teams at Google with ever produce anything useful in the market and are pretty much on the chopping block as it is.
From the makers of "founder of #1 rocket company and #1 ev company just got lucky"
Robotics is the next frontier of war since our elites can't find enough idiots to kill/die for them. It's in a bit of equillibrium now since China has the upper hand in Hardware; US in Software. However, at this point, Robotics will rapidly become a natsec issue.
Pray for countries who can't afford R&D in this - they'll get genocided out like flies overnight, if they don't turn themselves over into slaves. We're looking at a the war-robot race by the end of this decade (legged robotics have made proven advances in the past 5y).
Governments will have to face the question whether they want the productivity of robots, while losing their monopoly on violence. I think it's inevitable that robots will win, and governments with their police and military forces will become irrelevant. Some governments might try to fight this revolution, and some will accept it quicker.
Also, there's really no need for governments anyway when robots are there to serve humans. It doesn't make sense to collect taxes from robots and then pay other robots to work with those taxes.