this post was submitted on 25 May 2024
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I get your point but from a business perspective Google is doing pretty well (see last quarterly earning and they announced dividends for the first time). It's good to be a shareholder and from that perspective the CEO is doing a good job.
Time and time again markets have shown, within reason, poor user experience and anti-consumer policies do not negatively impact stock price.
It's relatively easy to squeeze a profit boost by sacrificing long term vision.... Last quarter will mean nothing if Google is knocked from its pedestal in a year or two (which is what the current trend looks to be pointing to)
Yeah I want evidence for this. Please show me something that is even approaching the power of AdSense. Then do it for everything else they own. YouTube, Google maps, gmail, Android, the play store, etc.
It's this weird thing I see on lemmy "well I stopped using a product therefore it is dead". News flash: Big Bang Theory ran for 12 seasons and Meta has a capitalization over half the countries of earth GDP.
Problems don't go away because you have decided to ignore them.
What you are stating is nowhere near the point I was trying to make.
We have seen a million times how a company can be destroyed for short term gains.... Most recent public example is red lobster
I have no clue if this is what's going to happen to google... But my point was that have a good last quarter (the one associated with the new head of Search) is not an indication that his strategies will pan out ... In fact, everything he touched before went the same way, short term profit, long term demise
Ok fine fair.