this post was submitted on 14 Oct 2023
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https://www.macrotrends.net/stocks/charts/GOOG/alphabet/gross-profit
Huh, they seemingly have money to not fuck our eyes without lube for ads, but I guess they somehow just don't have enough money, 156 billion dollars is really nothing after all. Probably more money in between my couch cushions. Such a small indie company that has to struggle to remain afloat, like an Etsy store.
Yes but does YouTube it's self make money? There isn't a reason to run a section of your company if it costs you money.
I am not justifying 17 ads in a 10 minute video, but no company keeps a product that doesn't make money
There are lots of reasons that one area of your company may make less money. It’s like how the NYC subway or post office technically don’t “make money” but the value they bring to the whole system is a net positive by enabling all the other companies to make way more.
Government ≠ Private/Publically shared company.
Google couldn't care less about what it brings if it doesnt make more money than it takes.
Data aquisition for analysis, AI training, tracking and simply having monopolized a space. Theres a lot of positives and indirect profit that might make it feasible.
But does it "Good" for the public like say road improvement?
It does "Good" for the company by increasing the quality of the output of it's AI/LLM, more data to track users etc.
You just confirmed what I said...