Google Stock Price: What's Happening and Why You Should Probably Ignore It

Alright, let's talk Google. Or Alphabet, or whatever the hell they're calling themselves these days. $1000 a share by 2030? Seriously? That's the question everyone's asking. Give me a break.

The Kool-Aid Forecast

So, Wall Street's got these "analysts," right? And these analysts are saying Google could hit $650, maybe even $1000 if everything goes perfectly. They lay out these scenarios – the "Base Case," the "Bull Case," even an "Ultra-Optimistic Scenario." It's all based on AI, cloud growth, and Waymo finally not being a money pit. [Source Title]: Google Stock Price Prediction 2030: How High Can It Go?

But let's be real: analysts get paid to be optimistic. It's their job to pump stocks, not to tell you the brutal truth. They're basically salespeople in suits. And honestly, I'm not buying what they're selling.

They're saying AI is gonna add like, $70-90 billion in new revenue by 2030? Through Gemini, Bard, and all that jazz? That's a lot of money, even for Google. And sure, they're integrating AI into everything – Search, Workspace, YouTube. But are people actually paying for it? Are they seeing real value? Or are they just annoyed by another chatbot trying to sell them something? I mean, have you actually found Google's AI integrations useful? I sure as hell haven't.

And Google Cloud? Profitable in 2023, expanding like crazy? Okay, maybe. But they're still number three behind Amazon and Microsoft. And those guys aren't exactly sitting still. The article points out Google Cloud is gaining traction in "Healthcare AI solutions via DeepMind and Med-PaLM." Okay, I'll bite. But healthcare is a regulatory nightmare. Getting anything approved takes years, and the competition is fierce. Is it really gonna be the goldmine they're hoping for?

Waymo: The Autonomous Albatross

Then there's Waymo. Oh, Waymo. They're operating commercial ride-hailing in a few cities, supposedly gonna hit a billion autonomous miles by 2030, and maybe generate $20-30 billion in revenue. Maybe.

But here's the thing: I saw one of those Waymo cars the other day. It was creeping along at like, 20 miles an hour, while traffic zoomed past. Looked like it was scared of its own shadow. And honestly, I don't blame it. Self-driving cars are still a long way from being truly reliable. And people don't trust them!

Plus, who wants to ride in a car with no driver? It's creepy. It's unnerving. And what happens when something goes wrong? Who's liable? Waymo can forecast all they want, but if the tech ain't perfect, people ain't gonna use it.

And let's talk about the regulatory risks. The article mentions "ongoing anti-trust investigations." That's putting it mildly. Google's been in the crosshairs for years. They're constantly getting sued, fined, and scrutinized. And that's not gonna stop anytime soon. All those lawsuits cost money, and they distract from innovation.

I mean, it's not like Google is a scrappy startup anymore. It's a massive, bureaucratic behemoth. It's hard to turn a ship that big. Can they really adapt to the rapidly changing tech landscape? Or are they gonna get outmaneuvered by nimbler competitors?

Offcourse, there's always the "ultra-optimistic scenario" where Google becomes the "infrastructure backbone for AGI." Whatever that means. It sounds like something out of a sci-fi movie. And those movies usually end with robots enslaving humanity. So, yeah, not exactly bullish on that one.

Then again, maybe I'm just being cynical. Maybe Google really will revolutionize the world with AI and self-driving cars. Maybe I'll be eating my words in 2030. But honestly, I doubt it.

So, What's the Real Story?

This whole thing smells like a desperate attempt to keep investors happy. Google's a great company, sure. But $1000 a share? That's pure hopium. Don't bet the farm on it.