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Eric Schmidt (Google CEO) main points were:
1) Google will NOT become a content provider
2) Expects Internet Ad Revenues to continue to grow through the foreseeable future - Online Advertising is only a fraction of the approximate 800 Billion dollar Global Advertising market.
3) Increased Online Ad revenues will come at the expense of other forms of DIRECT Advertising, such as Direct Mail & Yellow Pages.
4) Search will become more "personal" mimicing what portal originally were (this comparison to portals was kind of vague to me)
5) Search market is big enough for many winners - NOT a zero-sum game (in respect to increased competition in search from Yahoo & MSN)
6) Click Fraud is no big deal. It is being managed and new technology will make it become even less an issue.
Rebuttal Analysts noted that two thirds of all searches are being generated from mobile devices & that attention to catering to these mobile platforms must be a consideration.
BUT that's not the way it sounded to me, or apparently to yhe others that have commented. At any rate, I think it can be safely said that people are increasingly accessing the Internet and utilizing Google search via mobile devices... whatever the percentage growth.
joined:Apr 17, 2006
so if someone sends invalid clicks to our adsense ads expect to be banned the moment it occours.. well done google adsense team, professionalism at it's best(est). *sigh*
technology contestI forget the CEO's exact words, but he did say something very much like that. Makes it sound kinda fun. My preferred analogy is "arms race", but Google's PR people would probably die before okaying this phrase.
No, of course not. That issue isn't on the radar of anybody in the media. It's an annoying but minor by-product of Google's success, whereas click fraud could theoretically be a threat to Google's whole business model.
I agree that it isn't on the radar, but I'd say that it should be. Google's future predictions are in part based on predictions of click numbers. If people no longer find Google ads of use because of the junk leading to more junk problem, then clicks will decline, blowing away their predictions. That could have as much of an effect (if not more) than click fraud. And it's already with us - just talk to end users.
I forget the CEO's exact words, but he did say something very much like that. Makes it sound kinda fun. My preferred analogy is "arms race", but Google's PR people would probably die before okaying this phrase.
Yeah, that's what I thought was rather vague. Usually, when you think of an arms race, especially between technology companies, you think of entities working on similar technology. In this case, the fraudsters are not working on competing ad placement, ad relevancy, etc. technologies.