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From the article Gruber quotes : >Fortune magazine recently called Google a "cash cow" and suggested more attention be paid to milking it rather than running o
by gnufied 16y ago
From the article Gruber quotes :
>Fortune magazine recently called Google a "cash cow" and suggested more attention be paid to milking it rather than running off in search of the next big thing.
I think any creator worth his salt would hate this line of thinking. The premise that since Google is sitting on pile of Cash and should pay large of chunks it as dividends rather than spending it on "next big thing" is ridiculous. Apple hasn't paid cash dividend since 1995 (http://finance.yahoo.com/q/ks?s=AAPL+Key+Statistics http://finance.yahoo.com/q/ks?s=AAPL+Key+Statistics). Well it was so steeped in bad journalism, I couldn't finish it.
Coming to Gruber's article, first - why get personal? And none can deny that Google (or Facebook) wield tremendous power by keeping so much of personal data, but seriously what alternatives he proposes? I can't go back to stone age. Anyone who asks Google, "oh-but you keep so much of our data?" is basically asking a rhetorical question. Personally, I am not afraid. If Mr. Gruber got better ideas if not 'internet', I am all ears.
- kareemm 16y ago> And none can deny that Google (or Facebook) wield tremendous power by keeping so much of personal data, but seriously what alternatives he proposes? Um, delete the data instead of keeping it?
- nanairo 16y agoSeriously? Look, people several time came up with alternatives. EU gov: "erase your data after 6 months" Google (after a lot of opposition): "fine, we'll erase them after 2 years" Everyone: "you can't just make me use buzz without me having a say" Schmidt (and I am paraphrasing): "Geez, users are stupid!" The reason why Schmidt sees no alternatives is because he doesn't want to look for alternatives. They are there. But as the guy with the biggest vault he has all to lose.