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submitted 11 months ago by rikudou to c/technology@lemmy.world

I guess we all kinda knew that, but it's always nice to have a study backing your opinions.

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[-] huginn@feddit.it 69 points 11 months ago

The Google ads team is functionally all of the company's revenue.

Google search still remains their most used product offering with most of their ad revenue (58.1% in 2022).

Google leadership is terrified that anyone could eat their lunch, because they know the search offering is getting worse and worse.

The origin of Google was taking out complacent search companies that had gotten comfy.

I'm pretty sure when I was laid off (1 year ago yesterday ❤️❤️ thanks Google) it was because they saw LLMs as a threat they hadn't taken seriously enough... Combined with that asshole billionaire being pissy that Google was only making 1.2 million per employee instead of 1.3 million.

[-] BolexForSoup@kbin.social 1 points 11 months ago

It’s why they care so much about ublock origin and other ad blockers. That is cutting into about 20% of their ad revenue, it is considered the largest consumer boycott in the world. That is not an insignificant amount of money! Not that I feel bad for Google in the slightest lol

this post was submitted on 21 Jan 2024
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