Google’s CEO says the internet has a bright future
Breitbart News (BI) — Google’s Eric Schmidt said that the internet is “getting to a place where we have a bright, bright future” as the company’s stock continues to rise in the wake of Google’s $4.5 billion acquisition of video streaming service YouTube.
Speaking at the Future of Data Summit in London on Thursday, Schmidt said he believes the internet will be a “super-powerful force for good” over the next several years and that it is “a wonderful thing for business” that is “undermining our democracy and making it difficult to do business.”
“The internet has become a powerful force for betterment of our democracy,” Schmidt said.
“It has enabled us to do better, and it has empowered us to make better decisions and to be more effective at doing business.
And I think that is going to continue.”
Schmidt added that “we are not at the point where we are a global dictatorship” and that “people around the world are increasingly using the internet to find out more about their government and their neighbors.”
“So I’m not saying that we are going to go into a new authoritarian era,” Schmidt continued.
“I think we are at the beginning of a new era, and that’s a good thing.”
Schiffer also discussed Google’s “deeply rooted and vibrant diversity,” saying that the company has “one of the most diverse and diverse communities in the world” and believes it is important to celebrate diversity “on both sides of the political spectrum.”
“That is a very important message for us, that we’re going to embrace diversity, we’re not going to hide from it,” Schmidt added.
“But that doesn’t mean we don’t have to be aware of it.”
Schimpe’s comments come after Google Chief Executive Sundar Pichai, who took over in August, told a group of CEOs on a panel that the social media giant “must build a deeper and more nuanced understanding of its users.”
“When you’re building a company, you have to understand and respect people’s interests and their perspectives,” Pichay said.
“And we have to do that in the way that we have always done it, but we have also to take into account that what people want is not the same as what is necessary.
We have to learn to live with that.
That’s our job as leaders of companies.”
Schultz, however, said he was not sure whether or not Google will be able to maintain its lead in the social networking space.
“It is very, very hard to tell what the long-term trajectory is of Google,” Schmidt explained.
“The only way I can tell you is that we haven’t made any progress in that direction, and I think this is going toward the point of diminishing returns.”
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We have to stay focused on the next two years, and then we can go forward.”
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