Google "information extraction" and what's the No. 1 sponsored link?
Google is hiring expert computerscientists and software
I've never really though about Google being a player in the information extraction sector (aka entity extraction, text analytics, text mining). Sure there's lots of talk about what's the next big thing for them -- free wireless access, video search, indexing the world's libraries. It's fun to think about that stuff.
But when it comes to improving their bread and butter -- search -- mostly I picture their focus being on refining their ranking algorithms and optimizing their crawling strategies. But on your way to being the one-stop shop for all information, I guess it should have been obvious to me that text mining would be a station on that route.
One place we see TM showing up clearly is in Google News, with the "In the News" list of oft-used phrases of the day. I'm sure there are many more examples.