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It's not that they've run of ideas, it is that they've run out of market. There's only so much resources you can pull out of the set of people browsing the web.
by forgotmypw 7y ago
It's not that they've run of ideas, it is that they've run out of market. There's only so much resources you can pull out of the set of people browsing the web. That set's size has stabilized. Its resources have been divided between largely online shopping and (indirectly) advertising, and the flow paths have been laid down and also stabilized. There's only so much new market every year, and there's only so much they can compete away from the other players, who are also in a similar position.
- mantap 7y agoGoogle's problem is that if they enter existing industries, they attract the ire of competition regulators. Google could eat entire industries if they wanted to, but there would be hell to pay from the EU and US regulators. So they are stuck trying to innovate.
- codeisawesome 7y agoI wonder how Google could help with solving climate change... perhaps that would be a very profitable problem to solve without regulators trying to stop them (because public goodwill)