Google’s Sundar Pichai signaled that a sluggish economy could present more obstacles for the internet giant, whose shares have slumped this year.
"Obviously, when you're serving [ads] across the economy....a lot of the macroeconomic factors like GDP growth end up affecting advertiser spend as well," Pichai said.
"We definitely see travel recovering," Pichai said."There are signs that people are clearly moving post the pandemic, and so there is some return to normalcy. But what gives the uncertainty is there are so many different factors, be it supply chain issues or be it rising energy prices. And so trying to add all of that up together is where uncertainty is."
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