Yes, Google's business is on the web, and they've made it their mission to make the web as fast as possible. If the web doesn't speed up, more users will move

Yes, Google's business is on the web, and they've made it their mission to make the web as fast as possible. If the web doesn't speed up, more users will move to closed ecosystems like the iPhone App Store. Other projects are motivated by this are Google Chrome (and the open source around it) and Google Page Speed, for example.