Eric Schmidt 2014 Predictions – Ask A Billionaire
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[Eric Schmidt 2014 Predictions – Ask A Billionaire]
[Eric Emerson Schmidt (April 27, 1955)] Source: LYBIO.net
Eric Emerson Schmidt: I am Eric Schmidt, Executive Chairman of Google. The biggest change for a consumer is going to be that everyone is going to have a smartphone and the fact that so many people are connected to what is essentially a supercomputer, means a whole new generation of applications around entertainment, education, social life, those kinds of things. The trend has been that mobile was winning, it’s now won. There are more tablets and phones being sold than personal computers. People are moving to this new architecture very fast.
The biggest disrupter that we’re sure about is the arrival of big data and machine intelligence everywhere. So the ability to find people, to talk specifically to them, to judge them, to rank what they’re doing, to decide what to do with your products, changes every business globally. The biggest disruption that we don’t really know what’s going to happen is probably in the genetics area. The ability to have personal genetics records and the ability to start gathering all of the gene sequencing into places will yield discoveries in cancer treatment and diagnostics over the next year. They’re unfathomably important.
Well, at Google, the biggest mistake that I made was not anticipating the rise of the social networking phenomena; not a mistake we’re going to make again. I guess in our defense, we were busy working on many other things, but we should have been in that area and I take responsibility for that. Well, Google is very much investing. We are hiring globally. We see strong growth all around the world with the arrival of the Internet everywhere. It’s all green in that sense from the standpoint of the year.
[Eric Schmidt] Source: LYBIO.net
Google benefits from transitions from traditional industries and shockingly even when things are tough in a country, because we have return-on-investment-based advertising, it’s smarter to move your advertising from others to Google, so we win no matter whether the industries are in good shape or not, because people need our services, we are very proud of that. The key limiter on our growth is our rate of innovation, how smart are we, how clever are we, how can we get these new systems deployed; we want to do that as fast as we can.
Eric Schmidt 2014 Predictions – Ask A Billionaire. At Google, the biggest mistake that I made was not anticipating the rise of the social networking phenomena. Google News Transcript, Dialogue, Remarks, Saying, Quotes, Words And Text.