Bill Gates thinks there are excess profits in search and suggests that users should be paid for searching.
No sooner do I read that than I stumble across Blingo, a Google search affiliate whose consumer proposition is this:
- We pick a bunch of random winning times.
- Search at the right time and you win. No registration required.
- Then tell us where to send your prize.
It sounds totally 1999 ("Get paid to click on ads!"), but there's something here. I'm no Wall Street quant, but Google's outsized profits scream "arbitrage opportunity" to me.