zlacker

>>i13e+(OP)
It's been a while since they stopped innovating.

Although Google, Maps, Youtube are of daily use they are monetized exclusively by advertising which is annoying and hated by many. It has been many years since Google has launched an innovative new product.

I don't think ChatGPT will gain daily traction after this hype. Anyway we could say that MSFT and AMZN have demostrated more power to innovate with different business models (not only adv) and products.

The GOOG stock has a PE (Price/earning) of 23, while Coca cola 26. So the stock market expect higher growth from CocaCola than Google. Quite surprising.

- GOOGLE PE (23): https://www.macrotrends.net/stocks/charts/GOOGL/alphabet/pe-...

- COCA COLA PE (26): https://www.macrotrends.net/stocks/charts/KO/cocacola/pe-rat...

>>marcop+1a
They didn’t exactly stop innovating: ChatGPT itself is using tremendous amounts of innovation that was done and published by Google. What they stopped is beating their competition to launching compelling products based on the innovation they do.

>>xyzzyz+Qb
Nearly all of the authors left Google years ago. If the company doesn’t keep the people innovating it’s not like they’re some magic middle manager who can make it happen without them.