Google's dominance in the digital advertising market has several broader implications. Firstly, it allows Google to extract more value from content creators, as it can serve targeted ads based on user profiles. This can potentially lead to a shift in revenue from content creators to Google. Secondly, it can lead to a lack of competition in the digital advertising market, as Google's dominance can make it difficult for other companies to compete. Lastly, it can raise privacy concerns, as Google's ability to create detailed user profiles can lead to issues related to data privacy and security.
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How do you gain a career edge in a world dominated by Big Tech? What makes “The Four,” namely Apple, Google, Facebook and Amazon, so incredibly succes...
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Google's market cap is equal to the next eight biggest media companies combined. The closest equivalent to Google in the old economy was the "New York Times." However, Google extracts more value from the "Times" journalists than the "Times" itself. In handling search, Google can get a far better profile of the "Times" readers than the "Times" and, therefore, serve targeted ads.
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