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Does Google always do good?
Google CEO Eric Schmidt is interviewed by Marketplace Host Kai Ryssdal at the Aspen Ideas Festival.
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EXECUTIVE SNAPSHOT
Who: Google Chairman and CEO Eric Schmidt.
Education: Schmidt earned a bachelor's degree in electrical engineering from Princeton, a master's degree and doctorate in electrical engineering and computer science from the University of California, Berkeley.
Personal: Schmidt and his wife, Wendy, live in Atherton, Calif.
What you may not know: Schmidt is a trained pilot and often flies himself on company business.
Read the text of the complete interview.
About the author
Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy. Follow Kai on Twitter @kairyssdal.
Old systems must fail to allow for a more viable monetary system and stimulate new business as well as promote investment in green technologies and our future. Over-regulation has put innovation in a stranglehold. The balancing of public protection and private freedoms is in order.
The "innovation comes from Private sector" assertion reminds me of Al Gore's invention of the internet comment and even worse, Mr. Bill Gates comment back in either '94 or '95 that the Web (specifically what Netscape was then doing) was "froth"!
I have always maintained that too much money and power has a way of stupifying!
Mr. Schmidt may have a billion dollar business but he is sorely mistaken about where innovation comes from. Yes the private sector is a key source but I can't begin to address the number of innovations that have come from the "government" thing DoD, NASA, DARPA,and many others. If government was so benign, as he indicates, how do you explain the strides in his own field that, if not developed by the government, was surely polished (as in Beta Testing) for such mundane companies as Microsoft. Such a comment from someone supposedly so knowledgeable speaks volumes about his ignorance.
90% of the public actually want their cell phones to blast unsolicited advertisements at them?
Where does he get this from? On face value it smells a lot like a bold faced self serving fib.
How could you let that go buy without any question or challenge?
