Opinion David McWilliams

Monday 24 July 2017

Google splitting in two is proof we're on the cusp of a fourth industrial revolution

Alphabet will be a cutting-edge research and investment firm
Alphabet will be a cutting-edge research and investment firm
David McWilliams

David McWilliams

If you wanted proof that we are indeed on the cusp of a fourth industrial revolution that will profoundly change our society, look no further than Google's announcement yesterday that it will split into two companies.

Old Google - essentially a massively successful sales and marketing company - will split and a new company called "Alphabet" will be created. Alphabet will be a cutting-edge research, investment and speculative company that hopes to be at the forefront of the fourth industrial revolution.

A big issue for Dublin and Ireland is whether much of the New Google or Alphabet's R&D will be based in Dublin or whether Dublin will remain a sales and marketing hub?

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