Sergey Brin Says Google 'Failed To Be on the Bleeding Edge' of Blockchain (cnbc.com)

At an event over the weekend, Google co-founder Sergey Brin said that the internet giant missed its chance to be at the forefront of blockchain technology. From a report: Brin, who currently serves as president of Google parent company Alphabet, joined blockchain technology leaders and researchers on a panel at Richard Branson's exclusive Blockchain Summit. "We probably already failed to be on the bleeding edge, I'll be honest," Brin said. Although Google may have missed out on early adoption of the distributed ledger technology, Brin suggested that blockchain is within the wheelhouse of X, the company's semi-secret research division. "I see the future as taking these kind of research-y kind of out there ideas and making them real -- and Google X is kind of like that," Brin said.

Comments

Re:Google is turning into yet another big corporat

[Anonymous Coward]

They don't innovate anymore. They wait for someone to innovate and then either buy them or, if that fails, throw a shitload of money into a competing product to muscle them out of the business.

And that's new how?

Android? Bought
Google Maps? Bought
Blogger? Bought
AdSense/Adwords? Bought
Picasa? Bought
Google Analytics? Bought
Google Docs? Bought
Youtube? Bought

The list goes on and on...