Comment by nalekberov
4 days ago
Well, I guess occasional $4.7B fines are just the cost of doing business for Google. They have a monopoly in multiple categories, such as search engine, online advertising and strong dominance in maps and video hosting -- surely at this point money isn't an issue for them anymore.
I'd like to see a world where the data vendor is separate from the app/UI product vendor.
e.g. anyone could build a skin over map data, short form video data, long form video data, short form text content.
Data vendor makes money through selling the data, app vendors make money through either subscriptions, ads, or selling new data back to the data vendor.
The market for pretty much everything would become intensely competitive and price much closer to marginal cost of service.
However, PII+personal data would become more of a concern with this model.