Lemmychan
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 7 hours ago

AI Overview damages Google ad revenue, stock crashes 12%

pivot-to-ai.com

external-link
message-square
8
link
fedilink
149
external-link

AI Overview damages Google ad revenue, stock crashes 12%

pivot-to-ai.com

David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 7 hours ago
message-square
8
link
fedilink
The third quarter earnings reports are coming in! And Google’s was so good it knocked 12% off the stock price. Google Class A shares closed on Wednesday at $324.89. Today they closed at $283.82 — 1…

AI search may be worse, but it also makes less money

https://www.youtube.com/watch?v=YLtko3ouLqI&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20261029-ai-overview-damages-google-ad-revenue-stock-crashes-12 - podcast

time: 5 min 40 sec

alert-triangle
You must log in or register to comment.
  • fizzbang@lemmy.world
    link
    fedilink
    English
    arrow-up
    32
    arrow-down
    1
    ·
    6 hours ago

    Turns out you have to deliver value to end users.

    • ALoafOfBread@lemmy.ml
      link
      fedilink
      English
      arrow-up
      14
      ·
      3 hours ago

    • Imgonnatrythis@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 hour ago

      Unfortunately I think the message here is you need to deliver more ads to end users.

    • IAmYouButYouDontKnowYet@reddthat.com
      link
      fedilink
      English
      arrow-up
      1
      ·
      3 hours ago

      Harvesting data from ai is probably worth more to them in the long run.

  • MyOpinion@lemmy.today
    link
    fedilink
    English
    arrow-up
    26
    ·
    7 hours ago

    Good to see this Evil company get their payment for being terrible.

    • we is doomed!@lemmy.world
      link
      fedilink
      English
      arrow-up
      13
      ·
      5 hours ago

      their profits went up a huge amount, just not as much as the speculators had hoped for.

      Their data center spend was a little less than anticipated but their forward projections on data center spends is enormous.

      there’s no good news in any of this

    • spankysalmon@fedinsfw.app
      link
      fedilink
      English
      arrow-up
      12
      ·
      6 hours ago

      Now if only it’d drop another 100% and leave those demons penniless, though of course that’s a pipe dream.

      • Darkassassin07@lemmy.ca
        link
        fedilink
        English
        arrow-up
        5
        ·
        6 hours ago

        It’s good to have dreams goals

TechTakes@awful.systems

techtakes@awful.systems

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !techtakes@awful.systems

Big brain tech dude got yet another clueless take over at HackerNews etc? Here’s the place to vent. Orange site, VC foolishness, all welcome.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 315 users / day
  • 623 users / week
  • 1.77K users / month
  • 2.2K users / 6 months
  • 2 local subscribers
  • 2.76K subscribers
  • 180 Posts
  • 2.73K Comments
  • Modlog
  • mods:
  • David Gerard@awful.systems
  • BE: 0.19.20
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code
  • join-lemmy.org