The Google Bubble

NEW YORK ( TheStreet) -- After years of success in giving stuff away while building the most cost-effective Internet infrastructure the world has ever seen, Google ( GOOG) has decided its future lies in getting people to pay for stuff.

What could possibly go wrong?

Google I/O, which started out as a developers' conference, turned into a sales meeting this week as the company introduced more ways for people to part with their money:

Rather than just be all things to all people, Google will compete with all things against all people.

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