What are alphabet's 'other bets'?

These “other bets,” as the company refers to them, are essentially a wager on its ability to develop and use artificial intelligence to solve difficult problems faster and more effectively than startups and more-established rivals. So far they’ve cost Alphabet around $30 billion in operating losses.

Should alphabet invest in other bets?

Another Other Bets revenue generator is Google Fiber, which provides broadband internet services in nine markets throughout the U.S. For now, Alphabet management seems to view Other Bets as an investment in the future. “We’re pleased with our progress across Other Bets,” said CFO Ruth Porat in the company’s most recent earnings call.

Could another bets venture become a bigger business for alphabet?

One Other Bets venture that could potentially become a bigger business for Alphabet is Waymo. This subsidiary spent years as a top-secret autonomous vehicle project under the Google banner, but now it is free to operate publicly.