[edmundsauto]

This can be true and we can also recognize that the pandemic probably made everyone’s internal forecasts bad. These tech companies have some smart people working there, I would bet their projections are pretty world class.

[silverbax88]

I've worked there, it's not any different than the rest of the business world.

[edmundsauto]

How so? The motivation and competency and ownership is the same as at say Comcast?

[theGnuMe]

The comcast is bad meme is interesting but what specifics do you have that it is worse at business than Google?

I am no fan of comcast and pay a premium to avoid them since I disagree with bandwidth quotas. But both Google and Comcast have bad customer service and some terrible products yet both have respective and respectable monopolies. YouTube is terrible and amazing at the same time and more teens watch it than cable tv. Yet there is awful content and no good way to screen it from children besides denying access entirely.

Google also arguably missed ChatGPT and TikTok as macro product trends. Previously, Google failed to capitalize on social networking.

I am not sure how you forecast or predict those things in any way that guarantees success. And even when you see the future to pursue and build that core competency. I don't think large companies can move fast enough because by the time you notice the competition they've already established a network effect.

And network effects seem to be the main moat. It remains to be seen if Threads really kills Twitter. It's not even clear that Musk can kill it unintentionally, i.e. the business succeeds despite its management.