Technology

59534 readers

3135 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

908

Video of Eric Schmidt blaming remote work for Google’s woes mysteriously vanishes (techcrunch.com)

submitted 3 months ago by informapirata@lemmy.world to c/technology@lemmy.world

119 comments fedilink hide all child comments

Former Google CEO Eric Schmidt, who has since moved on to greener and perhaps more dangerous pastures, told an audience of Stanford students recently that “Google decided that work-life balance and going home early and working from home was more important than winning.” Evidently this hot take was not for wider consumption, as Stanford — which posted the video this week on YouTube — today made the video of the event private.

you are viewing a single comment's thread
view the rest of the comments

[–] phoneymouse@lemmy.world 18 points 3 months ago (1 children)

Yeah and they make ad revenue hand over fist. So anything else is just “experimental” to them aka a cost center. Since they don’t commit to these side products they don’t become profitable and inevitably get cancelled.

[–] kalleboo@lemmy.world 20 points 3 months ago

Also the ads are just so obscenely profitable that anything else will always just be a small side project. Google ad revenue is $200 billion/year.

If a new product has revenue of $500 million/year it’s still peanuts that are just a distraction and can be canceled with zero impact.