Join us Sept. 24 in NYC to connect with execs from Digitas, Claire's, Marriott, Havas and others
The fight between Google and Facebook can at times seem overblown since the core products are quite different. But there’s little doubt Facebook presents the greatest challenge to Google’s Internet hegemony in a way unlike past threats like Yahoo and Microsoft. Time and again, Google has failed in its attempts to make inroads into social — and the Web is undeniably becoming a more social place. Google chairman Eric Schmidt recently acknowledged that he “screwed up” social media during his long run as Google CEO. Ben Elowitz, chief executive of online publishing company Wetpaint, picks up on this theme in contributed piece on TechCrunch that boldly, if hyperbolically, predicts Facebook will put Google out of business. It all comes back to the data, of course:
Facebook’s data allows it to do more than just guess what its customers might be interested in; the company’s data can help it know with greater certainty what its customers are really interested in. And this key difference could potentially give Facebook a tremendous advantage in search when it eventually decides to move in that direction. If Google’s business has been built on choosing which Web pages, out of all those in the universe, are most likely to appeal to any given (but anonymous) query string, think about this: Facebook already knows, for the most part, which pages appeal to whom — specifically and directly. And, even more powerfully, Facebook knows each of our individual and collective behavior patterns well enough to predict what we’ll like even without us expressing our intent.
More in Media
Walmart adds marketplace data, deeper AI features to Scintilla insights platform
The upgrade includes access to marketplace data, customizable dashboards, custom alerts, a deeper version of its Marty agent and a closer link with the Scintilla data platform.
How women athletes are betting on the creator playbook
Women athletes are increasingly leaning on content creation to build their brand, grow their sports’ fandom, and help close salary gaps.
Axios preps new Axios Direct feeds for AI models, agents as revenue tops 2026 goal
Axios has reached its revenue goal for 2026. Now the news publisher is building a new revenue stream to keep up the pace in 2027 and beyond.