Clash of AI Giants: Microsoft or Alphabet for Long-Term Exposure?

Acording to Indeed’s report on job postings at the end of 2023, software development, IT, mathematics, and finance had the most significant year-over-year decline, ranging from 44.8% to 32.2%. This signals that the automation of white-collar jobs is taking root.

But if this was known, and Gemini was rolled out anyway, it indicates to investors a clear lack of leadership. Former Google employee Diane Hirsch Theriault criticized CEO Sundar Pichai as having “lack of visionary leadership” while facilitating an atmosphere of nihilism. In the cloud arena, Microsoft reported continued Azure gains, with revenue growing by 23% to $35.1 billion year over year. While having a significantly smaller market share, Google Cloud outpaced Azure’s revenue growth at $9.5 billion vs. $7.4 billion in a year-ago quarter, representing a 28% increase.

Source: News Formal (newsformal.com)

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