Even companies as innovative as @Google are finding it challenging to balance capital expenditure on AI tech & the returns on investments. This calls for a closer examination of AI companies' financial health. #Google#AIInvestments#TechFinance
New Post: Google’s Frantic Race Toward AI Leaves CEO Trying to Quell Ad Revenue Worries - https://lnkd.in/gfAzHaxK - Sundar Pichai continues toaddress worries that Alphabet's pivotto an AI reinvention of searchhappens won't impact ad revenues. But an ex-Googler warned the company is moving toofast. - #news#business#world
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🚀 Hold onto your seats! 🚀 Google's parent company just took a massive hit, losing a staggering $70 billion in stock value.
Want to know what caused this seismic shake-up in the tech world?
Dive deep into the story behind the headlines with our latest post.
From the controversial Gemini AI to the unexpected twists and turns, we've got all the details you need.
#Google#StockMarket#Finance#ai#businessinsights
This episode is a deep and visceral discussion into Google’s issues.
There are 3 layers of discovery on this issue, from surface to root:
Layer 1: Gemini’s biases are bugs. This seems plausible but quickly falls apart if you know a thing or two about how these multimodal systems are built and trained. It could be biases leaked in years of data collection, curation and labeling, it could be biases in the alignment and red teaming, or more likely both.
Layer 2: notions of “responsible AI” and DEI have been taken too far and/or twisted. AI safety has been hijacked to some degree and sometimes has been used as a vessel for political value injections, to a point of counter factual and disturbing. DEI is being extremized by some people or groups as a replacement for merit, facts and common senses. And the worst part is, these questionable practices are shadowing the true intentions of DEI and creating more divisions and hate.
Layer 3: a bloated, high pressure and dysfunctional hierarchical organization and its culture that stifle information flow, independent opinions and the ability to change. Employees cannot safely voice their honest opinions and concerns, factions within gain too much power and are breeding divisions while slowly killing synergy and performance.
Google has been one of the wonders in the tech history. I’m sure Larry and Sergey would not be happy to see what it has become. The entire business is in fact highly profitable and yet just cannot seem to hit a home run in this new era of tech. There are deeper reasons.
Competitions like Perplexity are catching up. I sincerely hope Google can go through a systemic detox and get it together. A well run Google has much more to offer to the world.
This Week’s Top Google News:
🌪️Google is partnering with the National Guard to provide AI tools to analyze images of natural disaster areas so it can respond to them faster and more effectively.
📈Alphabet stock hit a new all-time closing high on April 11th at $159.41, rallying on the back of positive AI news. Upcoming earnings will reveal more on the company’s AI integration.
💰 Stifel has raised its price target on Alphabet from $154 to $174. That's an 11% upside over the next 12 months from the current share price.
This is the worst case of corporate fluff I have seen in more than 10 years. If it was meant to reassure investors, it failed dismally.
The questions are so heavily curated, completely lacking any spontaneity, and the answers are scripted corporate patter.
I couldn’t even finish watching. It probably had completely the opposite effect to what was intended.
If they wanted to create an authentic version of this, they should have done it with Lex Fridman not Bloomberg. Now that I would have liked to see.
#genAI#google#search#competitionhttps://lnkd.in/eTBY_VhF
This chart below depicts the flow of employees from companies situated on the left to those on the right. What stands out is the fascinating phenomenon where Google is outperforming itself in the realm of artificial intelligence.
Executive Director at Morgan Stanley
2moAwesome job Kate😊