+ - Google Wasting $16 Billion on Projects Headed Nowhere-> 2
Submitted
by
hapworth
hapworth writes "Google's engineering culture is "wasting profits," according to a new report published today that refers to $16 billion dollars worth of Google projects that are going nowhere. According to the analysis, it's not that the ideas — such as the Kansas City Fiber Project, driverless cars, and other engineering efforts — are bad. Rather, it's Google's poor execution that is killing the company and adding billions of dollars worth of projects to its "trash pile.""
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All Wasted or Part Innovation and R&D Expense? (Score:2)
I don't agree that this is all waste. It's part of being an innovative and creative company. While many of these projects will "fail" or not be put into any profitable use for a company, there is some value. People learn. New projects and successful profit-making projects do some from these crazy ideas. It's innovation, it's challenging engineers in ways that could help in other areas. It may be a bit of a stretch to compare it to the pharma industry, but in the same fashion, so much R&D is "Wasted " if
The point of R&D is not profits (Score:2)
but to increase knowledge. And knowledge is far from worthless.