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Your argument, though, doesn't make Patrick's point necessarily false. Even if Google take more value from people than any other company, they can still provid
by e-dard 15y ago
Your argument, though, doesn't make Patrick's point necessarily false.
Even if Google take more value from people than any other company, they can still provide a portion of that value to n other people, and assuming n is larger than any other company's n, Patrick's point still holds.
</pedant>
- rbarooah 15y agoIs that assumption likely to hold?
- Drbble 15y agoNot pedantic, it's the core of the issue. Also, it is not obvious how much much of Google's ad profit is extraction (via being the monopolistic intermediary running an auction) vs creating genuinely novel introductions between buyers and sellers. Also, Google's value creation is not just in the money they pay to websites, it is also in their products (search, mail, etc)