The Future of Alphabet's Moonshots

Alphabet, Google's parent company, is expected to report strong advertising results. However, attention is on its 'other bets' and their profitability. Since Ruth Porat became CFO in 2015, Alphabet has restructured to operate new businesses like startups, focusing on revenue and short-term results. Previously, projects had lax budgets, but now face stricter management. Alphabet has scaled back hardware projects like Google Fiber and Skybox, while investing in AI, Cloud, and Biotech, indicating a shift towards healthcare-focused innovations.

What has been the fate of projects like Google Fiber and the satellite business Skybox?

In what way might Google's future moonshot projects differ from previous ambitions?