Sad about losing Google Reader? Spare a thought for the blogs you had listed on it

Which blogs will lose out?

Google announced last night that it will be shutting down its RSS feed, Google Reader, in a couple of months. It was an unpopular decision. On twitter the black smoke rising from Google obsured most other news - "Google Reader" reached the top of worldwide trends, even with a new pope elected - and every tweet was outraged.

Some of these outraged twitter users were clearly hoping that their disappointment might make Google change their minds. After all, it's a user-influenced feature - no? Well no. At least, not enough of one:

"We know Reader has a devoted following who will be very sad to see it go," said Google's Alan Green on the Google Reader blog. "We're sad too ... as a company we’re pouring all of our energy into fewer products. We think that kind of focus will make for a better user experience."

The thing that we're all finding it hard to grasp, as Alex Kranowitz over at Forbes points out, is that Google was never ours. As flies to wanton boys are we to Google software engineers; they kill us for their sport. He writes:

We are all participants in a user driven Internet, but we are still just the users, nothing more. No matter how much work we put in to optimize our online presences, our tools and our experiences, we are still at the mercy of big companies controlling the platforms we operate on. When they don’t like what’s happening, even if we do, they can make whatever call they want. And Wednesday night, Google made theirs.

Bottom line, we shouldn't have let ourselves get so comfortable. Even with the big, stable companies like Google, the online landscape can shift under our feet with very little warning.

But life goes on, and after the various stages of mourning, we'll all find another RSS feed to use. The real losers here will be blog publishers. Blog publishers shouldn't have got comfortable either. As today's news suggests, building any sort of strategy on the existence of a feature provided by companies like Google is a major flaw.  Marginal Revolution reckons the blogs that will be harmed most are the infrequent blogs (which don't show appear in searches so frequently, and which you might not visit on a regular basis), and those with a lot of ads, like Forbes (where every lost hit costs). But then it's hard not to build strategies on features run by online behemouths, because they have the power to hugely influence how well you do. Bloggers are in a sticky situation.

The decision was made, according to Google, because "usage has declined" - but it's difficult not to see the decision as Google flexing its muscles, showing publishers just how much power it has. They'll have to take their chances with Google search and Google news now. 

Google Reader is closing down. Photograph: Getty Images

Martha Gill writes the weekly Irrational Animals column. You can follow her on Twitter here: @Martha_Gill.

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In your 30s? You missed out on £26,000 and you're not even protesting

The 1980s kids seem resigned to their fate - for now. 

Imagine you’re in your thirties, and you’re renting in a shared house, on roughly the same pay you earned five years ago. Now imagine you have a friend, also in their thirties. This friend owns their own home, gets pay rises every year and has a more generous pension to beat. In fact, they are twice as rich as you. 

When you try to talk about how worried you are about your financial situation, the friend shrugs and says: “I was in that situation too.”

Un-friend, right? But this is, in fact, reality. A study from the Institute for Fiscal Studies found that Brits in their early thirties have a median wealth of £27,000. But ten years ago, a thirty something had £53,000. In other words, that unbearable friend is just someone exactly the same as you, who is now in their forties. 

Not only do Brits born in the early 1980s have half the wealth they would have had if they were born in the 1970s, but they are the first generation to be in this position since World War II.  According to the IFS study, each cohort has got progressively richer. But then, just as the 1980s kids were reaching adulthood, a couple of things happened at once.

House prices raced ahead of wages. Employers made pensions less generous. And, at the crucial point that the 1980s kids were finding their feet in the jobs market, the recession struck. The 1980s kids didn’t manage to buy homes in time to take advantage of low mortgage rates. Instead, they are stuck paying increasing amounts of rent. 

If the wealth distribution between someone in their 30s and someone in their 40s is stark, this is only the starting point in intergenerational inequality. The IFS expects pensioners’ incomes to race ahead of workers in the coming decade. 

So why, given this unprecedented reversal in fortunes, are Brits in their early thirties not marching in the streets? Why are they not burning tyres outside the Treasury while shouting: “Give us out £26k back?” 

The obvious fact that no one is going to be protesting their granny’s good fortune aside, it seems one reason for the 1980s kids’ resignation is they are still in denial. One thirty something wrote to The Staggers that the idea of being able to buy a house had become too abstract to worry about. Instead:

“You just try and get through this month and then worry about next month, which is probably self-defeating, but I think it's quite tough to get in the mindset that you're going to put something by so maybe in 10 years you can buy a shoebox a two-hour train ride from where you actually want to be.”

Another reflected that “people keep saying ‘something will turn up’”.

The Staggers turned to our resident thirty something, Yo Zushi, for his thoughts. He agreed with the IFS analysis that the recession mattered:

"We were spoiled by an artificially inflated balloon of cheap credit and growing up was something you did… later. Then the crash came in 2007-2008, and it became something we couldn’t afford to do. 

I would have got round to becoming comfortably off, I tell myself, had I been given another ten years of amoral capitalist boom to do so. Many of those who were born in the early 1970s drifted along, took a nap and woke up in possession of a house, all mod cons and a decent-paying job. But we slightly younger Gen X-ers followed in their slipstream and somehow fell off the edge. Oh well. "

Will the inertia of the1980s kids last? Perhaps – but Zushi sees in the support for Jeremy Corbyn, a swell of feeling at last. “Our lack of access to the life we were promised in our teens has woken many of us up to why things suck. That’s a good thing. 

“And now we have Corbyn to help sort it all out. That’s not meant sarcastically – I really think he’ll do it.”