A weekly thread to discuss financial matters - from personal all the way up to global.
Ground Rules
- Remember that we're all just Internet randos. Don't bet your life savings on a hot tip from this thread.
- Keep culture war in the culture war thread. Yes, global events may impact our personal finances, but that does not mean we have to incessantly harp on culture war aspects here. If you are going to discuss it, please stick to the practical impacts of it on an individual level.
- Be kind. Remember that everyone here comes from different circumstances. We all have different resources available and different risk tolerances.
- Don't let the perfect be the enemy of the good. Better is better. Celebrate people when they take a step up and work to move their finances in the right direction. Don't flame out because they haven't followed what you consider the optimal path. Everybody has to start somewhere.
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Notes -
Yes, and Anthopic's S1 revealed they have like $120 billion in cash with presumably another $100 billion or so raised during the IPO. So there is a clear path forward for more Google Cloud growth.
I take your point about Google maintaining optionality. And clearly their TPU initiative has been a roaring success. But I also think they are dropping the ball on their frontier product big time. Given all their advantages, Google should have been where Anthropic and OpenAI are now.
Incredibly, search revenue was actually up 12% year over year with queries up 17% even as more sophisticated users barely use it anymore.
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