Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Business News

Does Google’s $10B investment actually help the little guys?

(BUSINESS NEWS) Just like last year, Google says that investing in their own data centers and facilities will help create jobs and help local economies.

investing in data centers

Sundar Pichai, CEO of Google and Alphabet, announced that Google is investing $10 billion in their offices and data centers across the United States this year. The investments will focus on 11 of the 26 states where Google already has a presence, including Texas and Oklahoma. Thousands of jobs will be created, as will many opportunities for local businesses. The investment in local communities will lead to money for schools and infrastructure due to taxes pumped into the economy.

According to Pichai, the plan is to double the workforce at the Boulder, Colorado site. The Hudson Square campus in New York City plans to double their workforce by 2028. A center will be opened in Mississippi to provide more customer support. California offices will be expanded. Along with new offices for Google, the company is investing in affordable housing in California.

Applause for technology companies

According to Progressive Policy, Alphabet, Google’s parent company, tops the list in domestic capital expenditures for 2018. Google also works with small business owners and start-ups to help provide more opportunities for Americans to grow their local economy. It is an exciting time for Google and its partners, because the company has created so many jobs and helped more people access technology. The companies that invest in tech should be applauded for their growth, because we all benefit. Never forget, no matter how much each local town benefits, Google benefits much more.

Advertisement. Scroll to continue reading.

Google’s hype is a branding message

Last year, Google came out with the same type of message, that it was investing over $13 billion to provide jobs in the United States. I said this last year, and I’ll say it again, “I believe that Google is simply spreading their tentacles further and making us more dependent on what they have to offer.” Google’s hype is to promote their brand. They aren’t investing in local communities simply to provide jobs. This year’s $10B investment keeps their company ahead of the pack. The message is to make us forget how many profits will be generated from the investment.

Dawn Brotherton is a Sr. Staff Writer at The American Genius with an MFA in Creative Writing from the University of Central Oklahoma. She is an experienced business writer with over 10 years of experience in SEO and content creation. Since 2017, she has earned $60K+ in grant writing for a local community center, which assists disadvantaged adults in the area.

Click to comment

Leave a Reply

Your email address will not be published.

The
American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.

Advertisement

KEEP READING!

Business News

With strict competition and anti-trust allegations, Google is slipping down the path of layoffs and company cuts.

Tech News

The Made By Google event comes to New York in October 2022, where the tech giant will debut new tech like a smartwatch, phone,...

Business News

Expressing emotions over text has never been easier with emojis. Now, Google Docs is following suit, allowing emojis and interactive features.

Tech News

Get a first look at upcoming tools and tech with Google's new AI Test Kitchen, a curated space where users can try out beta...

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.