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While S&P500 trended downwards, Google’s stock price is up 9% since PaLM 2 first leaked this week so the market does not agree with your assessment of the tech.


Yes, clearly

However I would say they don’t agree with my assessment of the price

Wall Street couldn’t care less about Google’s technology as long as google can make money of of it


Google can only make money off of it if people use it and people will only use it if it's good so the immediate sentiment is that it's pretty good.

Feel free to short Google, you can make a lot of money if you're right.


Thank you for the financial advice


Competition is a critical driver of innovation and openness under capitalist incentives. Google had virtually no competition for a long time and they predictably stagnated. That’s why it’s so critical to curb monopolies–there’s no way to “speak with your wallet” if the only choices are say Comcast and Spectrum. It’s also way easier to regulate effectively and fairly than reform economic incentives in other ways. I’d prefer a free market economy with a vibrant distribution of small-medium entities over a highly regulated marketplace with only a few behemoths. Ironically, corporate behemoths operate in similar ways to bloated government bureaucracies on the complete opposite end of the political spectrum.




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