gomox

Funny that this ever so tiny, ticker specific correction is deemed "the bubble bursting".

Only true when the service needs you more than you need it.

That's because we are still in the "barely lukewarm" stages of boiling the frog

ThermApens go way higher (500+) but they don't have batteries or wireless electronics in the probe. The discussion is regarding wireless temperature probes.

Indeed. As a corollary of this design, trying to use the tip of such a thermometer to gauge frying oil temperature will kill it pretty much instantly.

You have no idea what Klue is

No, Klue is a competitive intelligence tool for sellers. You use it to keep track of "battle cards" (i.e. if they are selling a deal vs. 1Password, sales rep would go into Klue to see what the advantages of LastPass are vs that specific competitor).

It's a purpose specific knowledge base, not a data broker or any sort. But it will surely have information of who you sold to or tried to sell to because of it.

Was the AT&T monopoly period of 2007-2011 have substantial social media adoption? Seems to me like the early iPhones were just a very capable phone & texting machinery.

Both, but the cat is out of the box with LLMs and Google no longer monopolizes the firehose of consumer purchasing intent even if OpenAI disappears tomorrow. Someone else will come up. I can ask a local LLM that I download for free what's a good lawnmower and it will tell me.

Google is no longer in control and therefore I believe it won't be able to command the crazy premiums it used to squeeze out of advertisers.

I would have loved to be in the room when this decision was made, but my guess is that they decided that it was better to face some subtle nerd backlash now rather than having this quoted at the start of countless congressional hearings over the next decade.

Importantly: OpenAI doesn't need to outcompete Google, it just needs to show it can bleed.

As to the rest of Google's dominant position, it's an advantage for sure, but every leading vendor whose products turned to shit went the way of the dodo one way or another.

And it's important to mention that this includes GAds, not just the loss leader (Search). They have been so good at squeezing advertisers dry that ROI is barely there in many categories.

OpenAI starts from excellent UX and needs to prove that they can monetize all those empty pixels. They will no doubt succeed.

Google starts from horrid UX where every advertiseable pixel has been squeezed dry. Only way to go is down.

Actually I believe Google is the one caught between a rock and a hard place here because their stock will reprice once the market realizes how much their position has weakened re: search ads.

They commanded an absurd premium on ads by virtue of being monopolistic leaders of search. They don't have a better product anymore, only a scale/distribution advantage.

A term is born