Seeking Alpha (a site that I’ve been liking lately) has a post on Google refering to what Dave Winer said. Dave Winer states the obvious. Come on Dave saying that startups (and web 2.0) will burst when Google crashes is like saying that increase in interest rates will burst the housing bubble.
Face it Google has become a ‘bellweather’ for the market. If Google crashes many other things will burst. Personally I think that Google will be hugely successful. The net is growing globally and Google will reap those benefits. That being said to state that a startup is completely dependent on Google is insane. There will massive infrastructure and software shifts and changes that will occur in the next decade. This will be opportunity for another Google like company and yes it will be a Web 2.x company.
I have to disagree with Dave on this debate. Certainly Google can buy up the net but to say that others can’t compete is screwed up.