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> A company that can't figure out the difference between a scam like Better Homes and Gardens and a rigorous review site like Housefresh should be pouring every
by tdoggette 3y ago
> A company that can't figure out the difference between a scam like Better Homes and Gardens and a rigorous review site like Housefresh should be pouring every spare dime it brings in into fixing this problem. Not buying default search status on every platform so that we never try another search engine: they should be fixing their shit.
- raid2000 3y agoWell summarized. Anti-competition has become the new standard operating model.
- _heimdall 3y agoAt least in the US, I believe we've proven that anti-competition regulations don't work and that the government realized its easier to regulate the consumer than to deal with regulating massive corporations. If you want to win reelection you're much better off taking massive piles of cash from big businesses and regulate consumers to help create the monopolies. Trying to protect consumers by breaking up monopolies and promoting healthy market competition will see you leaving office in a hurry.
- nicoburns 3y ago> I believe we've proven that anti-competition regulations don't work You have? How? You barely have any. And the ones you do have you rarely enforce. > Trying to protect consumers by breaking up monopolies and promoting healthy market competition will see you leaving office in a hurry. That sounds like a flaw in your political/electoral system not in anti-competition regulations.
- mistrial9 3y agoI agree with the sentiment here but.. > You barely have any .. anti-competition regulations this is not true. However, the secrecy implemented around enforcement (bad publicity) causes the casual observer to think so.. There are very large enforcement actions that take place regularly.. they are far from perfect, and the failures tend to be the ones that are amplified in media..
- AnthonyMouse 3y ago> this is not true. However, the secrecy implemented around enforcement (bad publicity) causes the casual observer to think so.. That isn't the reason it isn't true. The US nominally has quite strong antitrust laws. The statutes are extremely broad in what they prohibit. But the enforcement is lacking and the courts over time have read the laws more narrowly than they were intended to be. > the failures tend to be the ones that are amplified in media.. The failures are prolific. In a functioning regulatory environment, whether because you don't have regulations that prop up incumbents and don't create regulatory barriers to entry or because you break them up and stop them from buying each other, you wouldn't have industries where any one company has more than 15% of the market. But that is common, not rare, and that is the measure of it working.
- feetsoup 3y ago>In a functioning regulatory environment [...] you wouldn't have industries where any one company has more than 15% of the market. Is that realistic? Intuition is telling me that's very idealistic but I'm prepared to be surprised
- AnthonyMouse 3y ago> Is that realistic? Intuition is telling me that's very idealistic but I'm prepared to be surprised There are many markets where this is the case. Which trucking company has significantly more than 15% market share? Which law firm? Which car insurance company? Which university? Which construction company? Nearly all of the consolidated industries got there through some combination of mergers, vertical integration and regulatory barriers to entry. Even some of the "natural monopolies" like last mile telecommunications are only so because of regulatory choices -- the natural monopoly is actually the roads, which the government owns, and if they provided easy and affordable access to roadside cable trenches there would be much more competition for data service.
- _heimdall 3y ago> You have? How? You barely have any. And the ones you do have you rarely enforce. Lack of enforcement was actually part of my point. More broadly, though, we don't need more regulation so much as we need less legal protections that allow companies to get away with it. > That sounds like a flaw in your political/electoral system not in anti-competition regulations. No disagreements at all that our political and electoral system is flawed. I'm not so sure if that's the direct cause here though or if its the other way around. Meaning, we could be here because runaway anticompetitive behavior led to political and regulatory capture rather than the flawed political system being the proximal cause.
- dotnet00 3y agoIn the US we've proven that it's easiest to just talk about anti-competition regulation to buy votes and then never actually get around to improving or enforcing it. After all, if you solve problems, you lose platforms to run the next election on.
- teaearlgraycold 3y agoI don’t think that last sentence follows. There are always more problems to solve. They’re just stupid and lazy and loyal to their owners.
- _heimdall 3y agoI'd argue there are always more problems, we don't have to solve them all nor should we assume that we can.
- dotnet00 3y agoThere are always more problems, but for example, it's a lot easier to get voters heated over abortion rights than it is over whether or not a national ID should carry biometric data.
- voisin 3y agoComrade, if you think the US is bad you should come check out Canada.
- bratbag 3y agoI think you are missing the third leg of this, which is how those monopolies extend outside of the US and act as part of the states global soft power strategy in those other countries where they are also monopolies. The US is no more likely to break them up as it is to cut its military budget in half.
- AJ007 3y agoGoogle has sucked for years, and the level of sucking has been covered extensively on hn. The one thing that was a real shock was how much more gas was left in the ad model engine. They've managed to grow substantially over the past couple of years largely by pushing advertisers in to a ROAS model that is clearly optimized to make Google more money: gross almost 2x from 2019 to 2023 -- from $161b to $307b. Net income more than doubled -- from $34b to $73.8b. Google, Google's employees, and Google's shareholders don't need nearly $1b in revenue a day. What they do just isn't that important anymore. That money is very much a tax, and ultimately the money consumers are paying for products and services is going to Google instead of making the product or service better. The good news is there are now many alternatives that work as well or better than Google. Combine that with LLM options (Perplexity, ChatGPT), and the future looks Google-lite or Google-free. It would be even better if we had more decentralized & localized search options like YaCy. If we want to have any control over our search future we need it. I'll just keep repeating this: Google today is a yellow pages. For search they offer little of value that isn't provided by others. Old people keep using Google because that's what they have been using for years or because it just shows up (like the yellow pages did, but now as a default.)
- Topgamer7 3y agoA few weeks ago I bit the bullet and paid for kagi, as a dev it's night and day for finding documentation and relevant, non-spammy results.
- nicbou 3y agoDo you know how well it works for travel stuff? Google has become particularly useless at surfacing local blogs and results over content marketing from travel services.
- 15457345234 3y agoWas it actually revenue growth from adverts or was it from a sudden splurge in pandemic-era spending caused by governments all over the world panic-signing up for Google Classroom and buying Chromebooks? Because I can see pretty much all of the 'growth' that occurred during 2020-2021 being unwound gradually as people realise that a lot of what happened was an absolute disaster for society. When it comes to making any predictions for the future you really have to write off the 2019-2021 pandemic era figures as a glitch.
- wyclif 3y agoGoogle could fix it tomorrow if they wanted to, but the fact is they don't because there's no incentive for their business, which is advertising. As Upton Sinclair once put it, "It is difficult to get a man to understand something when his salary depends upon his not understanding it."
- from-nibly 3y agoThey absolutely can't. They've innovators dilemma'd themselves. Their cash cow is not making sense any more and they can't investigate any new technologies to save themselves. They came out with Gemini really late and they look like they don't know what they're doing. They are going to be late to the next disruptor too
- chucke1992 3y agoGoogle is basically becoming IBM of this era.