Reminds me of the Stadia reveal, where the first words out of his mouth were along the lines of "I'll admit, I'm not much of a gamer"
This dude needs a new speech writer.
How about we go further and just state what everyone (other than Wall St) thinks: Google needs a new CEO.
One more interested in Google's supposed mission ("to organize the world's information and make it universally accessible and useful"), than in Google's stock price.
It's just doubly icky in the context of Google's original "letter to shareholders": https://www.nytimes.com/2004/04/29/business/letter-from-the-... ("Google is not a conventional company. We do not intend to become one")
I've been making this exact comparison for years at this point.
Both inherited companies with market dominant core products in near monopoly positions. They both kept the lights on, but the companies under them repeatedly fail the break into new markets and suffer from a near total lack of coherent vision and perverse internal incentives that contribute to the failure of new products. And after a while, the quality of that core product starts to stumble as well.
The fact that we've seen this show before makes it all the more baffling to me that investors are happy about it. Especially when in the same timeframe we've seen Satya Nadella completely transform Microsoft and deliver relatively meteoric performance.
It's not all perfect and wonderful, but they're miles away from the Gates/Ballmer era, it's remarkable.
If only there was some technology that could help "generate" such text.
