It’s
a long time since Google built the world’s best search engine. It’s quite a
long time since the development of Google Maps, or Google Earth. At the time,
these things were revolutionary and made significant contributions to daily
life for a lot of people.
What’s
Google’s latest innovation? It’s not a rhetorical question. Google+? Surely
not. Even if it’s a new offering, it’s not exactly innovative. No more than
Google Mail anyway.
Where’s
the innovative beef?
Nowhere.
That’s where. Google is an advertising company. It’s raison d’ĂȘtre is to sell
advertising space on its media to private organizations in return for money.
Rather a lot of money in fact. Google made $38bn revenue in 2011. Not all from
advertising, admittedly, only 96%.
James
Whittaker, the disgruntled employee who’s fair minded and heartfelt resignation
letter garnered so much attention earlier this year pointed to this evolution
from innovation to advertising as the death of the company he seemed to
honestly love. The Google I was
passionate about was a technology company that empowered its employees to
innovate. The Google I left was an advertising company with a single corporate-mandated
focus.
Social Media advertising - the next great internet bubble? |
Facebook
has been on the same trajectory. Gone are the constant additions in
functionality and tweaks to the way Facebook works. Not entirely actually,
there have been various substantive adjustments in the area of advertising, and
how ads appear on our pages.
Twitter,
it seems, is next. The descent from innovation to advertising is first seen by
the developers who are the first to know
what’s coming, but only in the same way that the canary in the mine shaft is the
first to know what’s coming.
Lately
there are rumblings from the development community that they are being pushed
towards developments, for example expanded tweets with image functionality,
that scream advertising. Prepare ye the way of the sales people.
Underlying
this inevitable evolution is a fact that nobody round the social media
boardroom table seems to be nearly worried enough about. The concept of social
media advertising is enduring a substantial wobble. GM pulled all of their Facebook advertising, claiming it simply doesn’t work. And over the last few
months, the marketing consulting industry has started to gather around the idea
that the much prized ‘likes’ may not be worth that much.
Social Media’s
big players are blowing a huge bubble, and only one thing happens to bubbles in the end.
See also - The Death of Facebook
Richard Spragg writes on various subjects including global engineering staffing and global engineering jobs.
Richard Spragg writes on various subjects including global engineering staffing and global engineering jobs.