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PageRank was a massive, huge improvement in search results.

The emphasis should be on the 'was' there. PageRank was so much better than the competition that it gave Google an effective monopoly on search. That lack of competition meant Google could focus on how to get users to click on ads displayed alongside search results rather than how to return better results than the competition. Consequently now Google search is only OK at returning what you're after, and the page is 50% ads.

Google hasn't been coasting along on the success of search for decades though thankfully. A lot of Google tech is very, very good (Gmail, Docs, YouTube, GCE, etc). Search is still better than the competitors but that's only because there's only really Bing. The problem is that it's really only Search that drives revenue.

I strongly believe that if anyone made a better search engine than Google, and consequently Google's ad money took a nosedive, Google would be faced with an existential crisis unlike any other business in history. If Apple are building the search product they're rumored to be building all Google staff should be very worried because no jobs will be safe.



Apple could even go default no tracking, because iDevice owners would willingly hook into opt-in tracking if there were app support. Giving everyone else a "free" ride would be a no-brainer.


Peter Thiel’s argument precisely.




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