# SemiAnalysis 评谷歌：创新全靠收购，恐重蹈 IBM 覆辙

- 来源：SemiAnalysis (@SemiAnalysis_)
- 发布时间：2026-08-11 09:18
- AIHOT 分数：34
- AIHOT 链接：https://aihot.virxact.com/items/cmso02xu604qjrofwqr2iek44
- 原文链接：https://x.com/SemiAnalysis_/status/2086985543007527327

## AI 摘要

SemiAnalysis 发文称谷歌内部从未真正创新，除核心搜索外，YouTube、Android、Maps 等关键产品均系收购所得。文章认为谷歌在 Transformer 上虽有够用产品，但难持续引领下一代技术，如同 IBM 当年错失 PC 市场，最终将悄然出局。

## 正文

"Google has an L culture and has never actually made anything internally. They've only ever acquired all their innovation, and their execution is very poor."

"Let's seriously do some accounting. Everything other than Core Search has been purchased. YouTube, AdMob, DoubleClick, AdSense, Google Maps, Android, all of it."

"IBM had effectively 90% market share in 1950. They said no, we're not gonna do PC, we're gonna focus on mainframe. And then they proceeded to lose."

"I feel like today, more than any other point, Google has that opportunity. They're gonna have a good enough product on the Transformer, but they're probably not going to stay for the next, and the next, and the next. And then they'll quietly bow out."

"When we look back in five, ten, twenty years at what was the moment things started to change, it's like right now."
- Doug O'Laughlin