Re:Google's Live from Paris Event Private/Deleted Immediately
by hn_throwaway_99 on Thursday February 09, 2023 @11:21AM
(#34726363)
Footnote links still don't solve the financial model, primarily because nobody clicks on them.
There was congressional testimony by the founder/owner of "Celebrity Net Worth" about how Google made it impossible for them to stay in business. Whenever somebody would search "How much is <celebrity X> worth?", the answer would just show up directly on the Google results page. There was still an attribution link to Celebrity Net Worth, but nobody ever clicked on it anymore, so the result was Celebrity Net Worth had to shut down.
You can certainly argue fairly whether sites like CNW deserve to exist in the first place, but it's not hard to see how there is still a huge financial problem when ALL the ad revenue goes to the search engines and they don't even leave any of the slim scraps to the publisher sites.
There was congressional testimony by the founder/owner of "Celebrity Net Worth" about how Google made it impossible for them to stay in business. Whenever somebody would search "How much is <celebrity X> worth?", the answer would just show up directly on the Google results page. There was still an attribution link to Celebrity Net Worth, but nobody ever clicked on it anymore, so the result was Celebrity Net Worth had to shut down.
You can certainly argue fairly whether sites like CNW deserve to exist in the first place, but it's not hard to see how there is still a huge financial problem when ALL the ad revenue goes to the search engines and they don't even leave any of the slim scraps to the publisher sites.