Monday, September 25, 2006

"Google poses a threat to more companies in more industries than anyone else in history."

An article I found while just casually checking CNN. Pretty good article that describes Google as something like the digital era Robin Hood, but with the roles reversed. Here is the twist. In the article it is stated that "the Goliath" takes away from the small business for its own gain. Who benefits? No, not the big, already fat assed capitalistic pigs. Or at least only those at Google. The others are you and me. The regular people who benefit from A LOT of free and exellent services (such as this Blogger, and needless to mention Gmail). But let's bring on simple economics theory. In a helthy economy, one that is the US market, it is absolutely normal for companies, especially small and medium sized firms, to go bankrupt. Certainly google with its technological advantage, in its search engine, takes away a market share from some big and mainly from smaller firms. I see why some protest, but as one univolved, or more like a beneficiary of Google, search aside, but mainly from its awesome free mail service, I see these explansions and intake of others' market shares as a normal way to maintain my and other Google users' satisfaction, in turn its own existence from its current proft making vast advertisments. The article gives a wonderful example of the "imperfect competition" model... afterall from all this competition shouldn't the consumer benefit more? Make your own judgement.

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