AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Google Is Not Trying to Maximize Profit
It's clear Google is not trying to maximize profit. I think that's pretty obvious. Why would you say that? Oh, well, they sit on just absolutely massive amounts of cash and they do huge numbers of projectsThat seem well, it seemed to me anyway, they're not profit maximizing. No, I would completely dispute that characterization about Google works. So Google as a share of its revenues spends almost nothing on R&D.