Google and Amazon Eat Their Own

Tim O’Reilly compares Web 2.0 and financial markets.

Ever since I heard Bill Janeway point out that over time, Wall Street “firms began to trade against their clients for their own account, such that now, the direct investment activities of a firm like Goldman Sachs dwarf their activities on behalf of outside customers,” I thought, whither Google, Yahoo! and Amazon?

As Google’s growth slows, as inevitably it will, it will need to consume more and more of the web ecosystem, trading against its former suppliers, rather than distributing attention to them. We already take for granted that common searches, such as for weather or stock prices, are satisfied directly on the search screen.

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About Andy Wibbels

Andy is an award-winning blogger and author of the book Blogwild! A Guide for Small Business Blogging. His work has been featured in The Wall Street Journal, USA Today, Entrepreneur, Wired, Business Week, Forbes, and other national and international media. He was worked at several San Francisco startups including Get Satisfaction, SAY Media, InMobi, Keas, and Mindjet. Currently, Andy is Director of Marketing at Lucidworks. Tw · Fb · G+ · Li

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