I asked chatgpt, it said this is fine.
I for one look forward to the humorous Adam McKay movie explaining how we all lost all our pensions over this.
Wonder who will be in the bathtub explaining it this time
Not Patrick Stewart
What the fuck, dude.
Behave
that’ll be when they make some special exceptions to IPO openAI/anthrop8c into sp500 from the start like they did woth spaceX.
anyone notice their search engine enshittify with dates? an advance search let you search between points in time, like between 2010 and 2012 specifically. you can’t do that anymore. other search parameters are gone. along with renaming lake ontario it’s the equivalent of history book burning.
You can still search between dates, but not from the advance search page directly. After you search, if you hit “Tools” it let’s you choose a date range.
Or just type the flag in. after:2020 before:2026
Do a search, and in the results page, click on the “Tools” dropdown, go to “Any time”, and then “Custom range…”.
they did away with that around the same time they removed it from YouTube. probably because they knew people weren’t going to read/watch AI generated bullshit.
jokes on them, I still found ways to search YouTube between dates.
I know the article is about google, but the bit about caterpillar is insane.
The bleeding even spread beyond the tech sector, as shares of the construction equipment giant Caterpillar — a key supplier of the machines required to build data centers — plunged 9.2% on Thursday. Caterpillar’s recent earnings report revealed that its revenue beat Wall Street expectations but by less than many traders had hoped.
So, their earnings beat expectations, but they didn’t beat the expectations for how much they’d beat expectations, so the share price went down.
What is even going on at this point?
That tells you how insane the stock market is, if you needed any more proof that is.
So, their earnings beat expectations, but they didn’t beat the expectations for how much they’d beat expectations, so the share price went down.
That’s why I always say that big shot, institutional investors are a bunch of cunts. They always think in short term. That’s why I am in favour of half year earnings report so that there is less pressure for companies to think in three months time.
They are trading at big growth multiples. So if the rate of growth slows then it gets repriced. Their assumption was double digit growth rate, which is one helluva bet.
Welcome to stock market, where the stock price is based on expectation instead of how well the company actually doing. There could be profit but if the profit is slightly less than last quarter, the day traders all gonna throw their baby tantrum.
Not to mention as much as this stock fall is “a big deal” it’s just fallen to where it was back in March. And of course that March fall was also a singular moment, because before that were just back to October 2025.
So sure, they’ve lost a year of stock growth, and in a world of “line must go up” falling back a year of stock growth isn’t nothing… But it’s also far from the end of the world.
Which is all to say, Google’s fine in the long run. Day traders don’t look at the long run, so for the moment “panic”, but ultimately it’ll pass.
Yet Tesla can do absolutely fucking nothing and then do a Nazi salute and shares go up 50%
When you say it like that, in this context… it seems, weird, right? Like something is off…
Company I worked at a couple years back not only beat their projected earnings, but made record profits highest quarter ever. Stock prices dropped by a third
They are making less off of AI overviews than traditional ads, but their AI buildout costs are increasing, which is ass backwards. I don’t know if it was in their report but they also supposedly don’t have a strategy for making their customers pay for AI use.
They are making less off of AI overviews than traditional ads, but their AI buildout costs are increasing
Not but, it’s and
Their ad revenue plummeted, because the AI summary costs money each search and also leads to fewer clicks (because people often take the AI answer), meaning Google ads, the core of their business, are not being seen on web sites
Also, they continue to invest crazy amounts in AI data centers (despite being significantly behind in LLM quality)
But that’s really just a piece of the puzzle, the simple answer is they are not only going all in on AI, they’re also destroying the one massive profit center that keeps all their other projects afloat
You love to see it
datacenter upkeep isnt cheap, if you have tons of those.
Mass manipulation. I wish I were smart enough and had enough to bribe the right people to be in on the looting.
But it’s not a bubble, right?
It clearly is a bubble. But that doesn’t automatically mean AI is useless. The .com bubble was the biggest of them all, but lots of companies survived and business largely moved online. The data centres (which nobody likes but which is clearly providing some value to somebody, whether we like it or not) don’t disappear overnight if the bubble bursts.
Never said it wasn’t lol. But the way that narcissitic capitalists are rewarded by capitalism is why the implementation is the issue.
The only value being provided are to the billionaires who continue to get more wealthy to a point in which they literally control politics without being elected.
And just like the 08 recession they’re going to try their damndest for the only form of socialism they support: corporate socialism. Privatize the gains, and in this case, socialize the losses. They’re going to seek bailouts so that when their circular financing crumbles they drift down on golden parachutes while our tax dollars fund them, the burning of our atmosphere, the contamination of our air, our drinking water, and our very minds as their sycophancy psychosis machines run rampant and delude people into entirely false realities.
Motherfuckers socialized their own sycophancy, they insulated themselves with greedy yes men who just want their money. They then built machines that do the same to us, isolating us and agreeing with every idea we have.
The AI bubble is bigger than the dotcom bubble. It’s bigger than the subprime bubble. We are still living in the wreckage of that bubble, 18 years later.
thats what you get for putting all your eggs into AL slop.
Love that for them!
My reaction to this is fucking good. Google is an abusive company who wants to profit off every part of your life. I’m happy if it hits my 401k, unearned money well lost.
Shares of Google parent company Alphabet sank Thursday by 12.6%
Okay, unlike most drummed up bullshit articles that make big noise over minor fluctuations, this ain’t nothing.
Anyone know what happened?
A 12% fluctuation is considered a pretty big deal for a company of this size. Usually the large companies are considered way more stable.
If it were a medium sized company no one would talk about this fluctuation outside of investing circles
They revealed that they make less money on the AI Overview than traditional ads. Also they, supposedly, have no strategy to monetize AI use from their customers.
It’s easy for a number to go down when the first one was just made up to begin with
But all that AI is coming at a massive cost to Alphabet, which disclosed that it has committed to more than $1 trillion worth of multiyear spending agreements to fund the infrastructure, energy and leases required to run AI systems.
This is the problem right here: lack of faith. Google should announce $3 trillion in new AI commitments. Stock market are just a bunch of pussies that can’t clap hard enough for Tinker Bell to live.
Did you see the part where their revenue was down because fewer ads were being served because people are using their stupid AI summaries instead of searches? God, these people are short-sighted.
You talk about those people who had a close to a search monopoly, and to make the line go up, degraded results so people would spend more time searching (and thus being exposed to ads)?
🫧📌
My car got gemini and now I cant get it to play tambourine man by bob dylan
Hey there Gemini man, play a song for me
You can’t do this to me on the day Patrick Stewart died!
Can’t believe stealing all the Reddit comments didn’t make Gemini the smartest bot on the Internet!
Good thing they also sabotaged their ad revenue to do it!
thats why Google is pressuring reddit to force logins, they need to make more human generated content.
Haven’t you always needed an account to comment? I thought the login change just affects lurkers and Internet search result clickers
What makes that funny is the bots will log in to comment but people won’t
They banned all of us… I know I’m among many other early Reddit users who were considered “power users” by Reddit’s own metrics, many of us were purged early. I hit the front page several times when it was still a “big deal” and was very active in comments. If they wanted more content and input they shouldn’t have banned people like me who were actually making the place human
i heard on the subs, that when they were forcing the login popup a few months ago, people were lurking so they dont get banned on thier only account.
i dont think they even relaxed thier filters that much, they arnt willing to give up thier ai moderation, or sensitive filters but still want user generated content. they should choose one. now google/open ai, seeing they are scraping thier AI generated data.
