Yes, but I mean that, currently, most of Google's earnings come from its Search Engine (Traffic), so what would happen if with a new way of browsing and searching for information (Ai Agents), this decreases the ability of screen time monetization (vs current). This is important, because the strategic bets on Cloud and AI are nourished by the Search and Ads flows.
Excellent walk through Antonio - You are really good a looking at the big picture and make sense of it to the reader!
I also see their foresight of buying Youtube as a good indication of their ability to think ahead. Imagine how cool it is that you can livestream a feed of SpaceX sending satellites into space. It so awesome and feels like science fiction tbh.
Im long in Google for the reasons mentioned above but also because of their stake in SpaceX which is yet another call option with potentially unlimited upside given monopoly in space flight! that's the kicker for me.
You mention their biggest strength is the moats but I also see this as their greatest threat as this could easily lead to public/regulatory scrutiny. Likewise in regards to their data harvesting/data handling – take Facebook as an example. Reputational risk is ever so present
How I look at it is they seem to keep hiring staff even though software should be close to zero marginal cost. It is almost as if they a intentionally bloating, in order to no be too profitable.
And nowadays it seems that antimonopoly is put in the background for national strategic concerns vis-a-vis China. I think that's Google's luck.
In sum, I see their business model as exceptional well and in fact that is their greatest weakness.
Do you think that Google Search Moat could be deccreased by the AI Agent? (Reducing Ad spaces, Time Spent, etc)
Yes. But Google has a lot of AI power under the hood too.
Yes, but I mean that, currently, most of Google's earnings come from its Search Engine (Traffic), so what would happen if with a new way of browsing and searching for information (Ai Agents), this decreases the ability of screen time monetization (vs current). This is important, because the strategic bets on Cloud and AI are nourished by the Search and Ads flows.
Excellent walk through Antonio - You are really good a looking at the big picture and make sense of it to the reader!
I also see their foresight of buying Youtube as a good indication of their ability to think ahead. Imagine how cool it is that you can livestream a feed of SpaceX sending satellites into space. It so awesome and feels like science fiction tbh.
Im long in Google for the reasons mentioned above but also because of their stake in SpaceX which is yet another call option with potentially unlimited upside given monopoly in space flight! that's the kicker for me.
You mention their biggest strength is the moats but I also see this as their greatest threat as this could easily lead to public/regulatory scrutiny. Likewise in regards to their data harvesting/data handling – take Facebook as an example. Reputational risk is ever so present
How I look at it is they seem to keep hiring staff even though software should be close to zero marginal cost. It is almost as if they a intentionally bloating, in order to no be too profitable.
And nowadays it seems that antimonopoly is put in the background for national strategic concerns vis-a-vis China. I think that's Google's luck.
In sum, I see their business model as exceptional well and in fact that is their greatest weakness.