Net income up >300%.
Most of the revenue and profit from ads.
Stepping back for a minute, political polarization has be increasing for about the length of time that Google has been in business. I'm not claiming Google is the cause, but rather that Google's tenure is a proxy for an acceleration in political polarization. [1]
Polarization enables outrage. Think Antifa vs. Proud Boys. Pelosi vs. Omar. AOC vs. ICE. Outrage reduces the amount of critical thought people put into the information they see and use to draw or reinforce conclusions they have about other groups, in particular, their polar opposites.
Outrage drives clicks, shares, likes and retweets. Clicks, shares, likes and retweets drive views, views drive ads, ads drive revenue.
Now, toss neural nets into the cycle. Neural nets do in fact learn and improve as feedback loops transpire.
Why wouldn't we expect these systems to learn that among other things, information that increases polarization results in the desired goal of increasing revenue, absent of any deliberate intervention by human beings?
[1] https://www.allsides.com/blog/political-polarization-america...