Seeking Alpha

Google execs foresee omnipresent robots, huge mobile ad sales

  • "Robots will become omnipresent in our lives in a good way," and in doing so will "replace a lot of the repetitive behavior in our lives," says Eric Schmidt (GOOG +0.3%) during a conference talk.
  • Google has acquired a slew of robotics startups, put ex-Android chief Andy Rubin in charge of a new robotics unit, and is reportedly talking with Foxconn about using robots to automate manufacturing tasks.
  • Schmidt also declares artificial intelligence will be "the biggest thing" going forward. "Technology is evolving from asking a question to making a relevant recommendation." He has previously suggested Google Now's A.I. tech could be used for enterprise analytics tasks.
  • Meanwhile, sales chief Nikesh Arora predicted during a Morgan Stanley conference talk (transcript) that Google's mobile monetization will surpass its PC monetization over the long haul. "The reason I believe that is that you have so much more information and so many more signals when it comes to mobility."
  • Thus far, the mobile shift has fueled an acceleration in Google's paid click growth, but has also pressured its ad prices.
  • Arora adds that mobile queries for products/services tend to be more precise than PC queries - "Mobile devices lend themselves less to exploration and more towards intent" -  and asserts users are becoming comfortable "having a set of payment credentials associated with their device that allows them to buy across their device."
Comments (14)
  • MEKhoury
    , contributor
    Comments (191) | Send Message
     
    Until Skynet becomes self-aware.
    6 Mar, 12:12 PM Reply Like
  • alpine
    , contributor
    Comments (862) | Send Message
     
    Does this effectively mean the quiet, but assured "demise" of Bing? To me, it seems nothing Microsoft or even Ms. Mayer at Yahoo can do to stop its slow, painful end, as Google has just the right "plugins" such as maps, translate, gmail, etc to make it the ultimate 1 stop destination. From being the big worry about Google's future, mobile has now paradoxically become the one to turn Google's future on its head, and make it an almost timeless, ever into the future successful e-commerce platform.
    6 Mar, 12:21 PM Reply Like
  • samuel_liu
    , contributor
    Comments (2794) | Send Message
     
    http://cnet.co/1g3a6J5
    6 Mar, 12:29 PM Reply Like
  • golongcheckdownmkt
    , contributor
    Comments (40) | Send Message
     
    I think Google is driving at the C3PO R2D2 robot model and not so much of a Terminator skynet version. What will most likely happen is the Government will take the Google worker robot and add jets & weapons to it as in Iron Man.
    "Life imitates Art far more than Art imitates Life" - Oscar Wilde
    6 Mar, 12:52 PM Reply Like
  • mattlamb2
    , contributor
    Comments (10) | Send Message
     
    except of course most of googles revenue come from pc ads, which are dropping faster than they can drop the per advert price, and mobile ads will only be there while we use large cellphones, when its all mini devices and voice/gesture commands no ads will be tolerated buy consumers. google is not generating profits from robots and will not for a long time. They had better of set there pc ads loss fast or they will start burning cash and there shares will go the same way.
    6 Mar, 01:00 PM Reply Like
  • DanoX
    , contributor
    Comments (2577) | Send Message
     
    More Illusions nothing that can be pinned down to anything profitable in the here and now.
    6 Mar, 01:08 PM Reply Like
  • Yorick
    , contributor
    Comments (490) | Send Message
     
    Not hard to imagine, computer AI controlled mini-drones swarming targets here and abroad. Also not far fetched to imagine drug lords with AI run defense systems all over their castle's to shoot down said drones...should be fun..
    6 Mar, 01:10 PM Reply Like
  • dividend_growth
    , contributor
    Comments (2878) | Send Message
     
    Skynet vs Matrix, yeah baby!
    6 Mar, 01:31 PM Reply Like
  • DanoX
    , contributor
    Comments (2577) | Send Message
     
    First Google has to demonstrate the ability to design, make, and sell hardware for a PROFIT. Google does none of those things.
    6 Mar, 02:05 PM Reply Like
  • bbro
    , contributor
    Comments (9302) | Send Message
     
    Will we still be able to blame the weather?
    6 Mar, 03:30 PM Reply Like
  • Mike Spelman
    , contributor
    Comments (44) | Send Message
     
    Skynet won't nuke us, it will just price us out of the workplace.
    6 Mar, 03:43 PM Reply Like
  • rag2rag
    , contributor
    Comments (23) | Send Message
     
    blah blah blah ...

     

    the future is coming, the only question is which company will reap the most profits and which ones will perish
    6 Mar, 06:54 PM Reply Like
  • sethlemay
    , contributor
    Comments (197) | Send Message
     
    If I get in trouble with the law I want my lawyer to be the best robot money can buy.
    6 Mar, 07:30 PM Reply Like
  • Tales From The Future
    , contributor
    Comments (4048) | Send Message
     
    "Robots omnipresent". I agree on the final outcome but the question is timing. When will this happen.

     

    GOOG is a public company and robot research and AI (for robots outside of industrial use) could well take another 1-2 decades before robot revenues take off.

     

    HMC for example is doing R&D for over two decades and there's no direct ROI from the Honda Asimo programs yet.

     

    And while robots such as Asimo made great advances in physical ability the AI progress is still in baby stages. There will have to be giant advances in robot AI.

     

    I applaud visionary programs but I doubt GOOG investors see an ROI before 2020 (unless GOOG would start with simpler robots such as Roomba competitors first?)

     

    PS: Roomba from IRBT is one of the companies listed offering robots to households on a large scale today.
    7 Mar, 04:17 AM Reply Like
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