Google’s looming hegemony
See on Scoop.it – Things I Grab (Here and There): THgsIGrbHT
If we factor Google geospatial applications + its unique data processing infrastructure + Android tracking, etc., we’re seeing the
… the potential for absolute power over the economy
Large utility companies worry about Google. Why? Unlike those who mock Google for being a “one-trick pony”, with 99% of its revenue coming from Adwords, they connect the dots. Right before our eyes, the search giant is weaving a web of services and applications aimed at collecting more and more data about everyone and every activity. This accumulation of exabytes (and the ability to process such almost unconceivable volumes) is bound to impact sectors ranging from power generation, transportation, and telecommunications.
Consider the following trends. At every level, Western countries are crumbling under their debt load. Nations, states, counties, municipalities become unable to support the investment necessary to modernize — sometimes even to maintain — critical infrastructures. Globally, tax-raising capabilities are diminishing.
See on www.mondaynote.com
