AI Doesn't Make Google Money
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AI Doesn't Make Google Money
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Writer: Brett Stelmaszek
Editor: Joshua Lambourne Stevenson
Music by: @UFD-Music
They’re so close to getting it. SO CLOSE.
Google just experienced their largest stock collapse ever. It came after they announced in their financial report that AI isn’t making them as much money as it should be.
And specifically, it’s less financially viable than just traditional search. But instead of admitting that maybe they should pull back to how their core business used to operate and that maybe all this investment was a fun experiment, they’re going full sunk cost.
The plan is to continue to eat their own tail and add more advertisements into the AI overview so that they make more cash off of the thing that’s eroding the foundation of the outlets, journalists, and creators that provide them with the information that they put into the overview.
Editor: Joshua Lambourne Stevenson
Music by: @UFD-Music
They’re so close to getting it. SO CLOSE.
Google just experienced their largest stock collapse ever. It came after they announced in their financial report that AI isn’t making them as much money as it should be.
And specifically, it’s less financially viable than just traditional search. But instead of admitting that maybe they should pull back to how their core business used to operate and that maybe all this investment was a fun experiment, they’re going full sunk cost.
The plan is to continue to eat their own tail and add more advertisements into the AI overview so that they make more cash off of the thing that’s eroding the foundation of the outlets, journalists, and creators that provide them with the information that they put into the overview.
