Peter Kafka

Recent Posts by Peter Kafka

Google’s $1.5 Billion Ad Bill

Google made some $37 billion selling ads last year. But it’s a big ad buyer, too: The search giant spent an estimated $1.5 billion selling itself in 2011, Ad Age reports. That number will jump significantly this year, since Google is now in the phone-selling business, courtesy of its $12.5 billion Motorola acquisition.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work