A GoogleBay future?
from Web 3.0: Google as the Web:
With Google’s cheap computer cycles and their ability to organize information they have the ability to make many markets far more efficient, then take a cut of the profits from the efficiency they created.
…As more of the offline world goes online they will be the default inventory management system for many consumers, retailers and wholesalers….
…I think that within 20 years they will become the default commodities trading platform worldwide. Not only do they tie historical performance to news, but they also have the largest database of intentions and allow anyone to look at historical performance or compare brand strength and trends at the keyword level. What sort of bets, spreads, and prices could Google offer compared to others when so many people are willing to share their dreams, desires, consumption habits, needs and fears with them.
(thanks to Kid Mercury for the pointer)
