Google is often questioned for its value. How could it be worth 600 dollars a share if it distributes free software, and collects 60% of its revenue from having a monopoly on the ad market. Its profit-making is still almost exclusively as the dominant US search engine.
When you mention the fact that YouTube has lost billions of dollars, pop-economists explain that whatever is good for the Net (like unlimited video streaming) is good for Google. This is weak. You don’t make computerized cars and phones because they’ll click Google more.
IMHO, the most hassle-free way to own a computer today, is Windows 7 on a netbook using the Chrome browser. Basic tasks like wordprocessing and Internet are easily accomplished with a gigahertz processor.
Android is the most desirable cell phone, Chrome has the sleekest browser, Google is the most reliable search engine, Google Maps is the most efficient GPS on any platform, YouTube gives us all unlimited space and bandwidth to express ourselves — presidents and kings did not have this power for most of human history. Every day computing is dominated by Google. The goal is to capture the user experience. Absolute control of our pupil, but if it ever fell in the wrong hands? Google’s a safe company, according to projections. But read The Black Swan by Nassim Nicholas Taleb, our projections are exactly what screw us because they make sure we never see what is really coming. Apple and Google provide the best user experience today, and the war has just begun for your mind.
BTW, Groupon’s never gonna work. Few people are technologically capable of printing a coupon. Ive seen old people click for hours on “coupon” sites which do a feedback loop of “gimme more money”. Third parties destroy this model.