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I disagree. Advertising has been around since the 1800s and I don't really think it'll be going away anytime soon. And besides, Google is diversifying its portf
by adtac 9y ago
I disagree. Advertising has been around since the 1800s and I don't really think it'll be going away anytime soon. And besides, Google is diversifying its portfolio these days anyway (GCP, Google Home, Waymo, and tons of moonshots).
- arbuge 9y agoActually advertising has been around alot longer in one form or another. The need has always existed to somehow inform consumers of the availability of products and services: https://en.wikipedia.org/wiki/History_of_advertising#Pre-modern_history https://en.wikipedia.org/wiki/History_of_advertising#Pre-mod...
- scarface74 9y agoCorrection they are trying to diversify but they are still making 90% of their profit from ads.
- ThrowawayR2 9y agoActually, Google's diversification efforts haven't amounted to much. There was an interesting article recently that compares the revenue streams for the top 5 tech companies: http://www.visualcapitalist.com/chart-5-tech-giants-make-billions/ http://www.visualcapitalist.com/chart-5-tech-giants-make-bil... Interestingly, Microsoft has the most diversity in that regard.