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Google—Competition is just one click and 27 billion US dollars away
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A bedrock principle of Google was serving its users—but a goal was building a giant artificial intelligence learning machine that would bring uncertain consequences to the way all of us live.
Internet as a whole. As the Internet grew and the amount of content increased at a superlinear rate, so did the difficulty of filtering and finding relevant information, making search increasingly important. Combine that effect with the rapid growth of the Internet itself, and the result was a massive market. Google has astutely expanded the market
... See moreGoogle was not pre-ordained to become a trillion-dollar business. In 2002, for example, the budding search engine company was treated with some skepticism. The New York Times titled a piece from that year, “Google’s Toughest Search Is for a Business Model,” summarizing the market’s concerns. One Salomon Smith Barney analyst more directly articulat
... See moreConventional wisdom says Google won simply because it built a better search engine. But it won because it also designed a new category and designed its company to fit that category. So
Google founders Larry Page and Sergey Brin didn’t set out to create one of the fastest-growing startup companies in history; they didn’t even start out seeking to revolutionize the way we search for information on the web. Their first goal, as collaborators on the Stanford Digital Library Project, was to solve a much smaller problem: how to priorit
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