David at 37signals has pointed out a couple of interesting reasons to fear the Google Web Accelerator. This has implications for anyone who works on any kind of intranet or management web app. Om Malik points out that there are security concerns as well.
Update: Jason Sloderbeck, our Director of Operations at Positive Networks, says: “It’s not nearly as bad as whatever Slashdot story you just got done reading. Google didn’t write software to automatically trade your stocks in E*Trade. They’re smart. Quote me.”