Google is stepping up to save the newspaper industry. Sound crazy? Not when you think in dollars and cents. Google has proposed setting up a micropayment system in which “pennies to a few dollars” would be paid to subscribe to certain publications aligned with Google.
There is a huge opportunity for Google to profit off newspapers looking to make money by switching to this micropayment system, and any viral village idiot knows that Google has the money to explore this venture.
Micropayments would help Google (like they need it), the print industry and be easy on nearly everyone’s wallet. Irony be damned, sounds like a win-win to me.