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... but fails to generate as much quality journalism as even one US newspaper.

Define quality journalism however you wish, but please consult a definition of journalism, e.g. how to write, edit and report news.

The point is, as with so many things they offer, not just news, Google is nothing but a middleman. They are not going to be the ones to keep e.g. decent long form journalism alive.

How that situation - a monoplistic middleman for news - bodes for our long term future is some interesting food for thought.