Most people here know my current fear with social media. I, for one, do not have a Facebook- primarily because it freaks me out. I deleted my Facebook about a year back, and have never looked back. Nor do I have a Twitter, and luckily, that does not prevent me from viewing my favorite Twitter account, @GSelevator
While all that is good, it made me realize the wide array of Google products that I use. For now, Google has me with Chrome, YouTube, Gmail, and of course, their search engine. As a fact of life, Google knows more about me than my parents and girlfriend combined.
So how much more market capitalization can Google have over my life?
Today the Wall Street Journal reported that Google is laying fiber optics for Google Fiber, an Internet service that would provide service at a rate 100 times faster than competitors.
More importantly, Google is also testing out it's television provider service that will offer channels like Disney and Discovery. So that sounds great, mostly because Google products are great. Their mail and search engine services are so nice, clean, and fast that no other company would be even able to compete. Would you expect the same with their ISP and TV service?
While 100 times faster internet sounds great, how much liberty are we actually giving up? So, Google may provide a better TV service than say Verizon's FiOS, but is it at the cost of advertising being directly pin-pointed to you from your Google searches and Gmail account?
If Google sold the cable service to residents, it also could obtain rights to sell ads along some of the video content. Google generated nearly $40 billion last year from selling online ads, but it has long wanted a big footprint in the TV ad market.
Who is willing to bet on an Anti-trust suit coming Google's way?