Word: moneyitis
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This can't go on forever. We're so used to Google's throwing things at us for free, we forget that it's a public company that's supposed to be making money for its shareholders. Google has two basic ways of monetizing a product: serving ads on it - as with YouTube and Gmail - or using it to bring people into the Google ecosystem, where they can eventually become users of Google products that Google does serve ads on. Like YouTube or Gmail. (See the top 10 Google Earth finds...
...talk to Twitter by importing and exporting tweets). It's social and shares media, like Facebook. Anybody who makes an e-mail client or collaboration software should be paying attention to Wave. This is vintage Google: give away a product that does stuff your competitors charge money for, thereby burnishing your public image and, at the same time, sapping your competitors' will to live...
Nevertheless, this is Google's best shot at a ubiquitous mainstream product since Google Maps in 2005. Google is in an interesting phase. Basically it has all the money in the world, which it has used to hire the smartest people in the world, whom it has unleashed in an apparently only minimally managed orgy of R&D. As a result, it's been spinning out cult hits and noble failures at a furious rate: Orkut (big in Brazil!), Picasa, Knol, Docs, SketchUp, OpenSocial, Chrome and Android. But it hasn't produced a lot of homegrown category killers...
...think it’s a compliment in a way,” said Ruo S. Chen ’12. “It makes me feel good that people are willing to pay that much money to get a diploma from the school that...
...cannot go back to serving coffee to the entire world and things like that,” said new Dean Cherry A. Murray. “I would rather put that money into hiring world-class faculty...