New Business Models
Hey remember back in the mid 90's when we first got a chance to use the internet? Netscape Navigator for a monthly subscription; Ask Jeeves and get a silly answer, ICQ chats. Since computers and printers have tumbled in price, quality of service has massively improved, thousands of new companies have sprung up pure net plays. Google's business model is really selling words to the highest bidder, they can sell the same word a billion times a day in hundreds of different languages. That is very clever and no one really thought of it before, not even Yahoo.
To do so they required huge server farms, so big they build them close to hydro power plants; having that much data and wiz kids thinking in algorithms, the logical step is data management, which got Google into really big data projects such as Google Earth; now most of us have Android phones, first Apple now Google have destroyed the mobile phone industry of a decade back. At last someone is a serious threat to Microsoft.
As the next generation of kids grow hopefully they will become budding entrepreneurs and socially aware philanthropists. What I'd like to see come out of Google now is something which empowers all those who have lost employment due to the rapid march of technology, the printing industry, advertising, next millions of truck drivers when Google's self drive trucks hit the road.
I have seen a revolution in my lifetime, gone are the socialist idea of a right to a job, replaced with ever increasing competition and decreasing job opportunities. We need new business models which does not require enforced manual labour.