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>and focused on generating much more search value. That's just a competitive strategy any company takes to displace incumbents. Hardly a moral high ground.
by hueving 8y ago
>and focused on generating much more search value.
That's just a competitive strategy any company takes to displace incumbents. Hardly a moral high ground.
- wpietri 8y agoI partly disagree, and I think you've created a false dichotomy. We can look at any economic activity through two lenses: "serves others" and "fills my pockets". The more companies focus only on the latter, the more they are scammy, extractive, or exploitative. The more companies focus on the former, the more value they create for their customers. But these things aren't mutually exclusive. They're independent. Companies that focus only on creating value while ignoring profit usually fail, as they aren't sustainable. Companies that focus only on profit usually fail, as customers realize they are getting taken for a ride. Some companies can do both well. I think Google is in that category. They create massive value without worrying too much about extracting every penny of cash. Which means that their overriding value isn't really money.