$110 Million Annually is Wasted by Google With the "I'm Feeling Lucky" Button

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 Valleywag reported last week that Google's "I'm Feeling Lucky" button, which takes the user directly to the #1 result for a particular search phrase, costs the company $110 million per year in lost revenues because the button bypasses all sponsored results (and is used in 1% of all searches). Ironically, people still don't know what it ...