Eric Schmidt

Eric Schmidt
Eric Emerson Schmidtis an American software engineer, a businessperson, and the Executive Chairman of Alphabet, Inc...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth27 April 1955
CountryUnited States of America
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Google's architectural model around broadband and services and so forth plays very well to the powerful devices and services Apple is doing. We're a perfect back end to the problems that they're trying to solve.
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The average American doesn't realize how much of the laws are written by lobbyists.
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In whatever number of years I have on Earth, I think that promoting the values of free expression, the openness of the Internet, that's the best use of my time.
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We used to think that the enterprise was the hardest customer to satisfy, but we were wrong. It turns out, consumers are harder than the enterprise because the consumer will not give you a second chance.
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If you look at the history of technology over a couple hundred years, it's all about time compression and making the globe smaller. It's had positive effects, all the ones that we know. So we're much less likely to have the kind of terrible misunderstandings that led to World War I, for example.
broadband
And the more broadband we can get globally, the better. It's better for the world; it's better for our advertisers; it's better for Google.
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Facial recognition, completely unmonitored, can be used for very bad things. It can be used for stalking, for example.
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If you think about the history of the PC industry, the PC industry has essentially been nothing but acquisitions by one company or another. Dell is the outlier. Dell built its own culture. They automated themselves to be the most efficient manufacturer.
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Google was founded to get information to everybody. A by-product of that strategy is that we invented an advertising business which has provided great economics that allows us to build the servers, hire the employees, create value.
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YouTube's traffic continues to grow very quickly. Video is something that we think is going to be embedded everywhere. And it makes sense, from Google's perspective, to be the operator of the largest site that contains all that video.
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There is a trend here. The most sought-after companies will be those that either have drugs on the market or those in late-stage testing with significant sales potential.
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There are a tremendous number of moneymaking sites, ... We try to block the most popular ones and take care of the rest through education.
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We have made commitments to the Chinese government that we absolutely follow Chinese law.
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We played well in the first half and had a chance to bury them when we went up by 18 at one time.