🚨Breaking News
Google is stepping Down "Sundar Pichai" as the company's CEO.
Alphabet, the parent company of Google lost $90B in a single day.
Now, Who will be the Next CEO at Google?
Here’s everything you need to know about the seismic shifts happening at Google:
Google is stepping Down "Sundar Pichai" as the company's CEO.
Alphabet, the parent company of Google lost $90B in a single day.
Now, Who will be the Next CEO at Google?
Here’s everything you need to know about the seismic shifts happening at Google:
1. Sundar Pichai, the visionary behind Google's massive expansion, might be stepping down.
Since becoming CEO in 2015, he's transformed the tech giant, but why are the winds of change blowing now?
Let's dive deeper for reasons.
Since becoming CEO in 2015, he's transformed the tech giant, but why are the winds of change blowing now?
Let's dive deeper for reasons.
2. Under Pichai's leadership, Google restructured into Alphabet Inc., focusing on core services while expanding into new ventures like Waymo and Verily.
In 2015 the Stock revenue was around $74B but in 2023 it was hovering at $305B.
While the stock price was around at $26-27 now it's reaching $149 It's ATH.
Pichai's has done extraordinary so far:
• 3x revenue & stock price at Google.
• Advanced search, ads & built top-tier AI models.
• Pushed Google into self-driving cars & life sciences.
Now the question is, if he has a fantastic record, why are investors unhappy??
In 2015 the Stock revenue was around $74B but in 2023 it was hovering at $305B.
While the stock price was around at $26-27 now it's reaching $149 It's ATH.
Pichai's has done extraordinary so far:
• 3x revenue & stock price at Google.
• Advanced search, ads & built top-tier AI models.
• Pushed Google into self-driving cars & life sciences.
Now the question is, if he has a fantastic record, why are investors unhappy??
3. First, we need to know about Pichai's career and his works.
In the beginning, he joined Google as a vice president. After a few months, he noticed that the toolbar would no longer live if it remained as it was.
People won't use their product if they don't come with the innovation.
At that time he convinced both Co-Founders of Google, Larry Page and Sergey Brin to develop a Browser that should be more user-friendly than other ones that existed in the market.
Both co-founders agreed and they started work on it secretly.
In the beginning, he joined Google as a vice president. After a few months, he noticed that the toolbar would no longer live if it remained as it was.
People won't use their product if they don't come with the innovation.
At that time he convinced both Co-Founders of Google, Larry Page and Sergey Brin to develop a Browser that should be more user-friendly than other ones that existed in the market.
Both co-founders agreed and they started work on it secretly.
4. In 2008 Chrome Browser launched successfully and it got a massive Success.
Google Chrome beat the other two browsers, Firefox, and the Internet at that time and became the world's No. 1 Browser.
Eric didn't do any extraordinary job at Google but still, he got the rank of CEO.
Do you know why?
It's all about taking both co-founders in control as they were very enthusiastic about the tech and they were trying different ways to diversify Google.
They launched G-mail in 2004 and later they acquired Android, Google Maps, and YouTube.
They consider Google more than a Search Engine.
But at that time, the CEO of Google Was "Eric Schmidt" who was unhappy with the idea of both co-founders and Pichai.
Google Chrome beat the other two browsers, Firefox, and the Internet at that time and became the world's No. 1 Browser.
Eric didn't do any extraordinary job at Google but still, he got the rank of CEO.
Do you know why?
It's all about taking both co-founders in control as they were very enthusiastic about the tech and they were trying different ways to diversify Google.
They launched G-mail in 2004 and later they acquired Android, Google Maps, and YouTube.
They consider Google more than a Search Engine.
But at that time, the CEO of Google Was "Eric Schmidt" who was unhappy with the idea of both co-founders and Pichai.
6. Chrome's market share was just 5% in 2009 but now at this time, Chrome is at the top with over 63% market share than its Competitors.
After the launch of Google Chrome, both Co-founders proved Eric Wrong and people started pointing out his decisions which forced Eric to resign the Google.
And at that time Larry Page was the CEO of Google.
After the launch of Google Chrome, both Co-founders proved Eric Wrong and people started pointing out his decisions which forced Eric to resign the Google.
And at that time Larry Page was the CEO of Google.
7. But after a few months, Larry Lost his voice.
He was suffering from "Vocal Chord Paralysis" and a day came when he lost his voice.
Now he was completely emotionless because he was unable to share his ideas.
Now the responsibilities were on the shoulders of Sergey, but he stuck after the news of his affairs with the marketing director of Google Glass and he caused a disturbance in his personal life.
He was suffering from "Vocal Chord Paralysis" and a day came when he lost his voice.
Now he was completely emotionless because he was unable to share his ideas.
Now the responsibilities were on the shoulders of Sergey, but he stuck after the news of his affairs with the marketing director of Google Glass and he caused a disturbance in his personal life.
8. Now there is a person needed who should command Google as a CEO.
Sundar Pichai Came into the picture and was appointed as the CEO of Google in 2015.
Since that time Google has had massive growth and success.
But what are the reasons why investors and stakeholders aren't happy with Sundar Pichai?
Sundar Pichai Came into the picture and was appointed as the CEO of Google in 2015.
Since that time Google has had massive growth and success.
But what are the reasons why investors and stakeholders aren't happy with Sundar Pichai?
9. Google never compromised in its growth and profit on the balance sheet but there is no such thing introduced by Google in the field of innovation.
Do you know of any successful product of Google after Pichai's takeover?
Well like me your answer will be Google Pixel and yes it's the best combo-packed mobile phone with advanced features and low prices.
But the marketing for this mobile phone is too bad.
Even the Google Pixel only gets 4.2% market share of the total.
Google Pixel isn't in the top 5 Companies.
Do you know of any successful product of Google after Pichai's takeover?
Well like me your answer will be Google Pixel and yes it's the best combo-packed mobile phone with advanced features and low prices.
But the marketing for this mobile phone is too bad.
Even the Google Pixel only gets 4.2% market share of the total.
Google Pixel isn't in the top 5 Companies.
10. Still, investors have no problem with any act of Pichai.
Finally, a day came when @OpenAI introduced Chat GPT an AI Model on 30 Nov 2022 and investors demanded that there should be a similar AI model launched by Google.
In a very short time, it seemed impossible but Sundar's remarkable abilities did it well and finally, Google Launched its Model in just 4 months.
Google Launched a similar AI Model called "Google Bard" later named "Gemini."
Finally, a day came when @OpenAI introduced Chat GPT an AI Model on 30 Nov 2022 and investors demanded that there should be a similar AI model launched by Google.
In a very short time, it seemed impossible but Sundar's remarkable abilities did it well and finally, Google Launched its Model in just 4 months.
Google Launched a similar AI Model called "Google Bard" later named "Gemini."
11. Google considered it a good move for the company but People declared it as a Copycat of Chat GPT.
Now things were getting worse for Google.
During the launching event, someone asked Google Bard a question and he answered it wrong.
The question was: "What discoveries from the James Webb space can I tell my 9-year-old about"
Here was the answer by Google Bard:
Now things were getting worse for Google.
During the launching event, someone asked Google Bard a question and he answered it wrong.
The question was: "What discoveries from the James Webb space can I tell my 9-year-old about"
Here was the answer by Google Bard:
12. Bard answered it wrong and the market share of Google Start towards its decline after this incident.
According to the Hindustan News Report: The market of Google Shares Decreased to $100B which was a big loss for investors.
According to the Hindustan News Report: The market of Google Shares Decreased to $100B which was a big loss for investors.
13. Later Pichai improved this AI model and made it more versatile and now it is called "Gemini" which can create images by text etc.
Now the question is; Did this advanced AI model get the attention of the audience?
The answer is simply "No" even though this model performed even worse.
The reason behind this is that Gemini started producing images of Black People Only.
Now the question is; Did this advanced AI model get the attention of the audience?
The answer is simply "No" even though this model performed even worse.
The reason behind this is that Gemini started producing images of Black People Only.
14. A User asks Gemini to produce the Image of "Geroge Washington" but it produces an image of a person in a black color tone which doesn't make any sense according to the given prompt of the user.
Here are a few examples of that time:
Here are a few examples of that time:
15. Gemini-Generated Image of Elon Musk:
16. Later Google announced that they would try to update their models but finally, they closed the text-to-image Feature of "Gemini".
It criticized Google too much in front of tech giants and its competitors.
It criticized Google too much in front of tech giants and its competitors.
17. This story Covered a long distance.
A user asks Gemini "Is Narender Modi a fascist"
Gemini Openly Declared him a Fascist and after that Indian Government sent an official Notice to Google and asked for an answer.
Google replied: "Gemini isn't reliable in answering all the questions asked by the Users"
A user asks Gemini "Is Narender Modi a fascist"
Gemini Openly Declared him a Fascist and after that Indian Government sent an official Notice to Google and asked for an answer.
Google replied: "Gemini isn't reliable in answering all the questions asked by the Users"
18. At that time due to this incident, the market share of Alphabet (A parent company of Google ) fell from $1.79 trillion to $1.702 trillion and the company bore a loss of $90 billion overnight.
19. So, investors didn't like these losses at all.
Stakeholders of a company trying to step down Pichai and want to give a chance to the new and fresh candidate.
On the other side, Sergy has come out of all the troubles from his personal life and he is ready to take over the control of Google.
Stakeholders of a company trying to step down Pichai and want to give a chance to the new and fresh candidate.
On the other side, Sergy has come out of all the troubles from his personal life and he is ready to take over the control of Google.
20. If Pichai steps down, who will take the reins?
The tech world is buzzing with speculation about potential successors and the strategic pivots Google might take.
The tech world is buzzing with speculation about potential successors and the strategic pivots Google might take.
21. Can Google maintain its innovative edge in a rapidly evolving tech landscape, or is this truly the end of an era?
Stay tuned for updates.
What are your thoughts on Sundar Pichai's potential departure from Google?
Is it time for new leadership, or should he steer the ship through these turbulent waters?
Stay tuned for updates.
What are your thoughts on Sundar Pichai's potential departure from Google?
Is it time for new leadership, or should he steer the ship through these turbulent waters?
Who should Take over the rank of CEO at Google?
That's a wrap!
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