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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
Fundamentally
Washington
Machine
Protection
Machines
Technology
Incumbent
Incumbents
Disruptive

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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 average American doesnt realize how much of the laws are written by lobbyists.
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I'm able to bring business expertise but, more importantly, operating experience. The people here at Google are young. Every day there are lots of new challenges. I keep things focused. The speech I give everyday is: This is what we do. Is what you are doing consistent with that, and does it change the world?
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Even though Google may do very well, there will always be an alternative to what Google is doing, and people will always have the free choice... because there's no way for us to prevent them from exercising that choice. That is one of the key aspects of why the Internet has been so successful. No technologies can dominate.
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It's a mistake to predict the size of markets that are so new. This model has shown no signs of slowing down. So we are going to get as much of it as we possibly can, and when we get close to that we'll figure out other problems.
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In a networked world, trust is the most important currency.
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I use Google+, and I find the quality of the comments are very sophisticated because there is more trust inside of Google+ than there is inside of Twitter and Facebook, for example.
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When you use Google, do you get more than one answer? Of course you do. Well, that's a bug. We have more bugs per second in the world. We should be able to give you the right answer just once. We should know what you meant.
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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...
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Within search results, information tied to verified online profiles will be ranked higher than content without such verification, which will result in most users naturally clicking on the top (verified) results. The true cost of remaining anonymous, then, might be irrelevance.
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Do not be afraid to fail, but also, do not be afraid to succeed.
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It's a bug that cars were invented before computers.
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The trend has been mobile was winning. It's now won.
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The Internet is really about highly specialized information, highly specialized targeting.
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The coach doesn't have to play the sport as well as you do. They have to watch you and get you to be your best.
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People are good at intuition, living our lives. What are computers good at? Memory.
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Technology is always evolving, and companies.. not just search companies.. can't be afraid to take advantage of change.
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Since I have access to every, every crisis in the world because it's always blaring at me on cable television, that doesn't mean I have to worry about every one of them. This is also known as knowing where the 'off' button is.
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Half of Google's revenue comes from selling text-based ads that are placed near search results and are related to the topic of the search. Another half of its revenues come from licensing its search technology to companies like Yahoo.
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Just remember when you post something, the computers remember forever.
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