I am not defending Google. But, come on, what are they supposed to do? America is all about shareholder value and quarter after quarter after quarter gains. We created this beast. We share in some of the blame.
The current American economic system has been in place long before I was born and will continue without or without me. It is run by those who control it, not those who it controls.
Speaking of misconceptions, the obligation to maximize shareholder value is one. Companies have to do what their shareholders want, but it doesn’t have to be profit maximization.