Google is the new IBM

L4sBot@lemmy.worldmod to Technology@lemmy.world – 343 points –
Google is the new IBM
businessinsider.com

Google is the new IBM::Years of being one-upped on AI and cracking down on innovation turned the poster child for Silicon Valley cool into a dinosaur.

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The main reason stadia failed is because they have cancelled so many projects before stadia that people were taking bets on when stadia would close before it even started.

No one wanted to buy into a service that was going to shut down and they created a self fulfilling prophecy.

Essentially all new Google projects wikl forever be doomed to this fate.

It failed because they didn't give it enough time to succeed. Google had enough money to invest in Stadia at a loss for many years until it eventually succeeds, but instead they just confirmed their image of randomly cancelling products.