Earlier quoted context omitted.
I'm really glad the article came out though, it fills in some gaps that I was fairly confident about but didn't have anything other than my sense of the players and their actions to back up what I thought was going on. I and a number of other people left in 2010. I went on to work at Blekko which was trying to 'fix' search using a mix of curation and ranking. When I left, this problem of CPC's (the amount Google got…
A) I think it’s important to acknowledge that in many ways Google is actively trying to keep CPC low - what they care most about is total spend. A low CPC means an effective advertising network where interested consumers are efficiently targeted. Their position is complex thanks to their monopoly status over online advertising. B) I don’t think it’s fair to characterize recent layoffs as some put-off collapse… critic…
Additionally, it's complete and total oversimplification. If you look at Google's earnings it's pretty damn clear that at least until 2020 they were not just going for maximum total spend, but for a steady, gradual raise in total spend. Not too slow, not too fast. They were NOT taking every opportunity they had, in fact they're famous for systematically refusing many opportunities (see the original founders' letter, but even after that). They were farming the ad market, the ad spend, growing it, nurturing it. Then COVID blew up the farm.
Maybe you're right now, but I do hope they're recovering their old tactics. Because if they maximize it you'd see nothing but scams ... wait a second.
B) Google was built by providing a vision, and getting out of the way of ground-up engineer efforts. "Scaring workers into compliance" IS killing the golden goose.
You can see this in AI. Every story from an AI engineer that ran away from Google is the same. They didn't run away for the money, they ran away because they were getting scared into compliance.
Now AI may make it, or not. I don't know. But this is happening EVERYWHERE in Google. Every effort. Every good idea, and every bad idea runs away, usually inside the mind of "a worker". Not to make them personally maximum money, but it's natural selection: if the idea doesn't run away, the engineer it's in is "scared into compliance", into killing the idea.
Whatever the next big thing turns out to be, it simply cannot come out of Google. And it will hit suddenly, just like it did for Yahoo.