3 ms·
Ask Peter Thiel. He has been arguing that Google has been just resting on their monopoly laurels for over a decade now (and that everything else they’ve been do
by leobg 4y ago
Ask Peter Thiel. He has been arguing that Google has been just resting on their monopoly laurels for over a decade now (and that everything else they’ve been doing since then has been basically just a red herring, so they can say, „Oh we are so much more than a search company”).
- PessimalDecimal 4y agoGot a link? I'd like to read more. The theory is at least plausible given what we see. They'll kill many products that seem viable, and would help diversify their revenue stream. Does Google really place no premium at all on that? For example, killing Stadia after only a few years, while predictable for Google, is still a head scratcher to me. Building a platform and letting other companies (in this case, game studios) take the big risks on what will sink and what will swim, is a hugely privileged position to be in. Why did they kill it when others are moving into the space?
- 988747 4y ago[dead]
- leobg 4y agoSeveral of his interviews on YouTube pre 2020 I believe. Might be in “Zero to One” as well. I believe there’s also a talk between him and Eric Schmidt on YouTube where he brought it up.
- PessimalDecimal 4y agoThank you!
- Firmwarrior 4y agoPaul Graham has talked about the same thing a few times. Not necessarily ragging on Google so much as saying that the search space is ripe for disruption
- machdiamonds 4y agoI can't recall for certain, but I think in the book Zero to One, he made the case that monopolies can be beneficial for companies because they can devote their resources to developing new products and features rather than battling for market share in a single domain. Overall, I enjoyed the book, but I'm not completely convinced by this argument. Google did expand to other markets and did well in some (Android, YouTube, etc), but it seems to have been at the detriment to their main product.
- gsatic 4y agoWell their main product really is Ad infra. And no one comes close to matching it. Its like they built a global real time stock market for Ads. For any possible search query, or space on some any page you click where an ad can be displayed, there is an real time auction running in the background where bidders, your digital data profile, sellers are all brought together to decide whats going to get displayed. And it all happens by the time your page load.