Today’s NY Times has an interesting article (written by David Gallagher) on how Google’s search results are responsible for significant portions of the revenue of some businesses. And it makes sense. I’m sure it’d be impossible to calculate, but if you take the fact that Google’s main site combined with those search engines that license its technology are responsible for 75% of Web searches (which is a huge market domination, to say the least), and add to that the fact that there are surely thousands of small businesses out there dependent upon their Google search results placement for revenue, that probably represents a good portion of the GDP. And that’s just the U.S. I’m sure the international impact is significant, too.
Google Powering the Economy?
Monday, December 9th, 2002 · No Comments
Tags: web stuff