$Alphabet-A (GOOGL.US)$ Rare "armchair analyst" post on $GOOGL. I was curious how much their ad revenue growth has slowed; you don't see analysts mention how the burst of inflation in Biden's first years depreciated value of revenues.
I tried to get our friendly ChatGPT types to do the calculation for me, but they just referred me to data sources like the St. Louis Fed and suggested Excel!
This is what I get with revenue numbers and GDP deflator. The notable rebound in 2021 has been followed by very slow / no real growth. Hitting the limits of saturation, which accounts for the desperate attempts to monetize AI in search which have made it even less useful.