I believe in
Google (Nasdaq: GOOG). Specifically, I
believe in the company's famed
ten-point philosophy, which includes zingers like "you
can make money without doing evil," "great just isn't good
enough," and "focus on the user and all else will follow."
Call me blue-eyed (because I am), but I believe that Google
actually wants to
make the world a better place. It's
notall about the money.
That's why I'm nodding along as I read co-founder Sergey
Brin's
New York Timesop-ed on
Google Books. Brin goes back 10 years to explain how
the seeds of this service were sownby fellow founder
Larry Page, and then nearly 100 years to show how old,
out-of-print books can be useful today, way down the line.
Google Books has been
under fire from groups of authors, publishers, and even
librariessince it got off the ground, but just settled a
four-year-old lawsuit to set some standards for digital
libraries going forward.
In the op-ed, Brin notes that Google's settlement with the
Authors Guild and Publishers Guild is not exclusive. Others
may follow Google's lead to sign their own digitizing deals,
and some might do a better job of it than Google. And that is
A-OK with Brin. "I wish there were a hundred services" like
this, he writes. Nobody has blazed this trail before, because
making digital copies of every book in the world is a massive
and expensive undertaking. But Google is happy to get the
ball rolling, even at great expense.
Why? Because if you're looking for an old book today, you
don't have a lot of options. "The agreement limits consumer
choice in out-of-print books about as much as it limits
consumer choice in unicorns," Brin says. Copyright holders
are often hard to find, and the physical artifact is
vulnerable to floods, fires, and simply fading into obscurity
once its bookstore shelf-life runs out.
So Google is doing its best to save old books from
oblivion, possibly paving the way for competitors like
Barnes & Noble (NYSE: BKS),
Borders (NYSE: BGP),
Books-A-Million (Nasdaq: BAMM), or
Amazon.com (Nasdaq: AMZN) to do something
better. Not that Google isn't working hard to make back some
of this investment,
because it is. It's just that Brin and Page have
convinced me that they're serious about using Google as a
tool to
improve the world. This is simply another piece of
evidence to that effect.
And all else will follow, including
serious profits.
This article was originally published as
Google the Trailblazeron
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