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Google Inc., owner of the world's most popular Internet search engine, will take 90 percent of the market over the next decade through increased spending on research and development, analysts at Cowen & Co. said in a note Wednesday.
Google's 2007 research-and-development budget of $1.5 billion is almost double that of its closest rival, Yahoo Inc., the analysts said. Google's capital investments, estimated at $26 billion over the next five years, will finance development of the company's own servers and data centers, the note said.
Analysts: Google Will Take 90% of Market [chicagotribune.com]
I think that a huge untapped potential of P2P computing (neurocomputing) will make a need for billion-dollar datacenters obsolete in the near future. There are billions of computers out there that sit plugged into the internet idling. This enormous processing power can and should be used. A distributed search engline like that, with a proper ranking algorythm, could easily go from 0 to #1.
hmmm, a search engine by the people, for the people.
Yes, the lack of competition is disappointing, but it is not so bad that Google can afford to relax, so there are competitive pressures making them improve their services.