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Washington is an incumbent protection machine. Technology is fundamentally disruptive.

Eric Schmidt

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Eric Schmidt
Age: 69
Born: 1955
Born: April 27
Art Collector
Businessperson
Computer Scientist
Electrical Engineer
Engineer
Software Engineer
University Teacher
Washington
District of Columbia
Eric E. Schmidt
Eric Emerson Schmidt
Disruptive
Fundamentally
Washington
Machine
Protection
Machines
Technology
Incumbent
Incumbents

More quotes by Eric Schmidt

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There were 5 Exabytes of information created between the dawn of civilization through 2003, but that much information is now created every 2 days.
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The characteristic of great innovators and great companies is they see a space that others do not. They don't just listen to what people tell them they actually invent something new, something that you didn't know you needed, but the moment you see it, you say, 'I must have it.'
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People are good at intuition, living our lives. What are computers good at? Memory.
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The funny thing about advertising is that it's not a zero-sum game... Historically, in the digital ad world, pie has gotten larger and it's possible for everyone to win, and it's perfectly possible that will continue to be true for quite some time.
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The computing world is very good at things that we are not. It is very good at memory.
Eric Schmidt
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Google docs and spreadsheets don't work if you're on an airplane. But it's a technical problem that is going to get solved. Eventually you will be able to work on a plane as if you are connected and, then when you get reconnected to the Internet, your computer will just synchronize with the cloud.
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Every two days now we create as much information as we did from the dawn of civilization up until 2003.
Eric Schmidt
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The issues of wireless versus wireline gets very messy. And that's really an FCC issue, not a Google issue.
Eric Schmidt
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Amazon has well passed any expectations of its ability to change distribution and marketing.
Eric Schmidt
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One of the unintended negative consequences of online advertising has been the loss of value in traditional classifieds. It's simply quicker, simply easier for an end user who's online, on a broadband connection, to look things up and to figure out what they want to buy.
Eric Schmidt
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We have an opportunity for everyone in the world to have access to all the world's information. This has never before been possible. Why is ubiquitous information so profound? It's a tremendous equalizer. Information is power.
Eric Schmidt
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I think it's pretty clear that the internet as a whole has not had a strong notion of identity. And identity means, 'Who am I?' Fundamentally, what Facebook has done has built a way to figure out who people are...
Eric Schmidt
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For those who say you're thinking too big... be smart enough not to listen. For those who say the odds are too small ... be dumb enough to give it a shot. And for those who ask, how can you do that?... look them in the eyes and say, I'll figure it out.
Eric Schmidt
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If you have a child, you'll notice they have two states: asleep or online.
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Silicon Valley's involvement with Washington dates from one event, which was John Scully - who was the CEO of Apple - had dinner with President Clinton and Vice President Gore in 1993. And we're all going, like, 'What's going on? Why would we have dinner with the president?'
Eric Schmidt
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The thing that people seem to miss about not just Google, but also our competitors, Yahoo, eBay and so forth, is that there's an awful lot of communities that have never been served by traditional media.
Eric Schmidt
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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.
Eric Schmidt
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People are building communities of people who use video. They're sharing them. YouTube's traffic continues to grow very quickly.
Eric Schmidt
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I think of Google as a set of overlapping things. It's a consumer platform, consumer phenomenon of which search is its fundamental activity, but there are many other things you can do than search... I think of Google as an advertising company who services the broader advertising industry in the ways that you know.
Eric Schmidt
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We don't have a traditional strategy process, planning process like you'd find in traditional technical companies. It allows Google to innovate very, very quickly, which I think is a real strength of the company.
Eric Schmidt