Can you guess why anyone wants to steal Google's business model?
Well, let me show you in a single graphic.
Google created the most lucrative media business without being a publisher.
Enabling millions of websites to monetize their content without bearing the responsibility for what they published!
Do you know how many employees The New York Times has in the journalism operations?
2,700, on a total of 5,900!
Thus, over 45% of employees at The NY Times were involved in journalism operations in 2023!
To differentiate itself, the NY Times ramped up its journalism operations from 36% of the total employees in 2020 to over 45% in 2023.
My guess is that we'll see this number pushed to over 50% in the coming 2-3 years as The NY Times wants to differentiate itself further in the era of AI-written content…
Can you guess how many journalists Google has? Zero!
Indeed, that's the Google's arbitrage machine!
Let me explain...