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People assume that computers will do everything that humans do. Not good. People are different from each other and they are all really different from computers.
Eric Schmidt -
The Internet is the first thing that humanity has built that humanity doesn't understand, the largest experiment in anarchy that we have ever had.
Eric Schmidt
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I've never met a person who does not want a safer world, better medical care and education for their children, and peace with their neighbours. I just don't meet those people. What I meet, over and over again, as I travel around, is that the essential human condition is optimistic - in every one of these places.
Eric Schmidt -
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 -
If you think about YouTube, YouTube is a 'searching the world's videos' problem, right? They all have to be there, but how do you find them? What I guess I'm trying to say is that search is still the killer app.
Eric Schmidt -
I don't believe society understands what happens when everything is available, knowable and recorded by everyone all the time.
Eric Schmidt -
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.
Eric Schmidt -
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.
Eric Schmidt
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Google is more than a business. Google is a belief system. And we believe passionately in the open Internet model.
Eric Schmidt -
People are surprised to find out that an awful lot of people think that they're idiots.
Eric Schmidt -
There is a science to managing high tech businesses, and it needs to be respected. One of them is that in technology businesses, leadership is temporary. It's constantly recycling. So the asset has limited lifetime.
Eric Schmidt -
When the Internet publicity began, I remember being struck by how much the world was not the way we thought it was, that there was infinite variation in how people viewed the world.
Eric Schmidt -
In our case, we focus on quality, and we have a very simple model. If we show fewer ads that are more targeted, those ads are worth more. So we're in this strange situation where we show a smaller number of ads and we make more money because we show better ads. And that's the secret of Google.
Eric Schmidt -
Washington is an incumbent protection machine. Technology is fundamentally disruptive.
Eric Schmidt
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Facial recognition, completely unmonitored, can be used for very bad things. It can be used for stalking, for example.
Eric Schmidt -
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.
Eric Schmidt -
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.
Eric Schmidt -
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.
Eric Schmidt -
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.
Eric Schmidt -
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.
Eric Schmidt
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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.'
Eric Schmidt -
In general in technology, if you own a platform that's valuable, you can monetize it.
Eric Schmidt -
Fast learners win.
Eric Schmidt -
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.
Eric Schmidt