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They took the money they made in search ads and built a lot of products they give away, yes. The wealth is all from search ads. The US had a little moment of t
by danielmarkbruce 5y ago
They took the money they made in search ads and built a lot of products they give away, yes. The wealth is all from search ads.
The US had a little moment of time where it was the dominant power. It wasn't the dominant power in 1900 and it won't be in 2050. The idea that the decline is because of Google etc defies a much simpler explanation. As soon as China moved off of straight communism they were bound for dominance due to their population and general work ethic. There is no reason that over the long term China should have lower GDP per person than the US. Hence they'll have about 4x the total GDP and be able to spend 4x as much on military due to their 4x population size v US.