i dont understand the concern. they are putting up great financials. you have to invest ahead of the outcome. this is just classic quarterly public company earnings BS, where public markets dont reward innovation investment. they just want crank the handle financials.
The bigger issue is on the model front, can Google compete; Gemini doesnt seem to be able to compete on the heavy expert end; they are doing well on lighter faster models.
People bought Google for the torrential free cashflow, that looks like its gone forever with this new capital intensive model. If that the case then it needs to be valued like a heavy industrial rather than a capital light tech company.
I agree Gemini's value is not at the frontier, but they are making very useful smaller models. 3.5 flash lite is super fast, cheap and token efficient and accepts any kind of input. For large, price-sensitive processing, in consolidated workflows that don't need the latest improvement, it is the best. Perhaps they should focus on improving their dominance on this business, I don't see gemini reaching claude/gpt in coding. But they could be the ones that make it possible, and economically viable, to roll out llms in large scale automation.
I've given up on Gemini. It sounds smart but most of what it tells me ends up being wrong or misleading. I might actually hand $20/mo to OpenAI. It's been far more helpful with the random collection of legal and health problems I've thrown at it. My recent comment history is going to make me come across like a shill for them but, holy crap, GPT has been doing amazing things for me at work as well.
I don't get it either... Google has so much talent yet they just can't seem to get it right.
At work it's paid but in my own personal queries it's free vs free and gemini seems to give erroneous answers with confidence frequently and they will completely flip flop in subsequent queries of the same text. It seems very unstable.
> this is just classic quarterly public company earnings BS, where public markets dont reward innovation investment
Genuine question; but aren't these treating stocks as speculative and on vibes? One can say that these comments could be true for the first signs of cracking of dot com bubble. Sure, Web eventually succeeded but many tech giants from dot com era (AOL/Yahoo and so many more) eventually went to dust for spending too much time on the innovative bandwagon.
During the Dot-com bubble really tried to give this example but IIRC there were companies like pets.com who lost 2$ for every 1$ of sale so how a company treats its financials do matter a lot.
The market doesn't seem to reward innovation sometimes because there have been times the first persons to innovative have actually really failed to capitalize on that innovation and many extremely innovative businesses like Airlines (We can literally fly speak of innovation!) have been terrible businesses investment-wise generally speaking.
seems to me that we are at the asymtote for most usage. sure run the prompts that need the frontier on generic silicon but burning the fable 5 model into silicon could be perfectly viable
If by free market you mean a guy that stands before the market's entry gate possibly with baseball bat, asking the providers to sell him all the goods so they can resell, then I disagree
take my photo catalog stored in google photos, apple pictures, Onedrive, Amazon photos. collate into a single store, dedupe. Then build a proper timeline and geo/map view for all the photos.
Take a look at something like rclone and it immediately becomes clear that the photo app vendors you listed have no interest in allowing their users to easily access their data programmatically from their services in any meaningful way.
> The current google API does not allow photos to be downloaded at original resolution. This is very important if you are, for example, relying on "Google Photos" as a backup of your photos. You will not be able to use rclone to redownload original images. You could use 'google takeout' to recover the original photos as a last resort
