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The Intelligence from The Economist

Too big tech: is Alphabet approaching a growth ceiling?

The Intelligence from The Economist

The Economist

News, Global News, Daily News

4.53.7K Ratings

🗓️ 4 August 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

As the tech giant approaches its 25-year anniversary, there are questions of just how much more it can possibly grow. Investors are used to stratospheric returns. Is it time to manage expectations? Nested behind the appearance of social discontent in France is an economy that is actually thriving (10:51). And, a tribute to a true man of the woods (19:02). 


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Transcript

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0:00.0

Does running your business day-to-day get in the way of achieving your long-term ambitions?

0:04.8

At PWC we use managed services to help you reach your goals faster,

0:09.0

by combining insight and industry expertise with world-class technology

0:13.9

to deliver smarter ways to run critical business functions.

0:17.7

That frees you up to focus on thinking big and moving faster.

0:21.4

We run you accelerate.

0:23.6

Head to www.co.uk to find out more.

0:30.0

Hello and welcome to the Intelligence from the Economist.

0:36.4

I'm your host, Auré Ogimbi.

0:39.0

Every weekday we provide a fresh perspective on the events shaping your world.

0:46.9

You'd be forgiven for thinking that France has had a rather tough year.

0:51.4

Strikes and protests dominated news coverage for months,

0:55.5

and there's an overwhelming sense of discontent.

0:58.4

But if you take a look at the economic data, it seems that La vie est belle.

1:06.0

And we pay tribute to a man who knew better than most what it means to live at one with nature.

1:25.2

But first.

1:28.8

In the months after the pandemic, the biggest tech giants faced a difficult time.

1:40.2

But quarterly results from Apple and Amazon yesterday suggest that things are improving.

1:45.9

Well, slightly anyway. It's still a mixed picture.

1:49.8

Amazon's earnings were much better than expected,

1:52.6

but growth in Amazon web services, which accounts for much of its profits, is slowing.

1:57.4

What we're looking for within Amazon.

...

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