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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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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
Easier
Traditional
Broadband
Simply
Connections
Quicker
Values
Consequence
User
Ends
Figure
Users
Look
Negative
Online
Looks
Figures
Consequences
Things
Loss
Connection
Value
Advertising
Unintended

More quotes by Eric Schmidt

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We want to make sure the thing you're looking for is on Google 100 percent of the time.
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We're about to see an acceleration in technological platforms that, for marketers, will be on a scale rivalled only by the arrival of color TV.
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The trend has been mobile was winning. It's now won.
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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.
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Brands are the solution, not the problem. Brands are how you sort out the cesspool.
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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.
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I do want to emphasize that we've seen an explosion in the use of Google Maps and Google Earth for education. The earth is a special place. It is our home and it's why we're all here. And the ability to see what's really going on the earth, the good stuff and the bad stuff, at the level that you can, is phenomenal.
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It's very difficult for governments to dominate the Internet because it's so difficult to control. People want to be free. People want to hear multiple voices. They want to make their own decisions. And people who see things will report things.
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Ultimately, in the Internet, openness has always won. I cannot imagine that the current competitive environment would reverse that.
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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.
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If you thought when you got your job at 20 that it would never change you were misinformed. Retrain yourself to be curious.
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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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Every two days now we create as much information as we did from the dawn of civilization up until 2003.
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Find a way to say “Yes” to things. Say yes to invitations to a new country, say yes to meet new friends, say yes to learning a new language, picking up a new sport. Yes is how you get your first job, and your next job. Yes is how you find your spouse, and even your kids.
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You can understand Tunisia revolution as a failure to censor the internet. And Libya had that failure too. It's very difficult for governments that are autocratic and don't have broad popular support to be in power when a lot of people have these devices. That was what Arab Spring was about, that people could express this and lead to revolution.
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I used to say that you'll have 10 IP address on your body... and it looks like that's going to happen through medical monitoring.
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We run the company by questions, not by answers.
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The core problem is that the world is full of people who would like to take 99 per cent of the information that's on the Internet, and eliminate 1 per cent. Everyone has their own thing they don't like.
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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.
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In a networked world, trust is the most important currency.
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