Re:Gemini 2.0: our new AI model for the agentic era
by surajrmal on Wednesday December 11, 2024 @05:31PM
(#42393781)
Isn't that the typical interpretation of what the parent comment said? How is it false?
Re:Gemini 2.0: our new AI model for the agentic era
by mattmerr on Wednesday December 11, 2024 @06:50PM
(#42394453)
I read parent comment "grew 35% last quarter" as (income on 2024-09-30) is 1.35 * (income on 2024-07-01)
The balance sheet shows (income on days from 2024-07-01 through 09-30) is 1.35 * (income on days from 2023-07-01 through 09-30)
These are different because with heavily handwavey math the first is growing 35% in a single quarter and the second is growing 35% annually (by comparing like-for-like quarters)
Re:Gemini 2.0: our new AI model for the agentic era
by superq on Wednesday December 11, 2024 @07:35PM
(#42394821)
35% over 12 months != 35% over 3 months.
Re:Gemini 2.0: our new AI model for the agentic era
by weatherlite on Thursday December 12, 2024 @12:38AM
(#42396528)
In the financial industry you almost always compare over 12 months (year over year growth) to avoid noise like seasonality. It's so prevalent I didn't think I need to explain it but yeah I meant GCP grew 35% YOY.
Re:Gemini 2.0: our new AI model for the agentic era
by weatherlite on Thursday December 12, 2024 @12:41AM
(#42396541)
It's indeed the typical interpretation of what I've said. I could have written YOY growth but it's so common that that's what everyone means people many times omit it.
Re:Gemini 2.0: our new AI model for the agentic era
by freedomben on Thursday December 12, 2024 @03:05AM
(#42397241)
Great point, although 35% yoy is still impressive, and numbers they are surely pleased with
Google Cloud grew 35% year over year, when comparing the 3 months ending September 30th 2024 with 2023.
https://abc.xyz/assets/94/93/52071fba4229a93331939f9bc31c/go... page 12