Eric Schmidt on Google, Education and Economics


Eric Schmidt, March 6th, 2009 interview by Charlie Rose:

  • “From our perspective, I think the YouTube acquisition and the Doubleclick acquisition, which are the two large acquisitions we did last year, and the year before, have been phenomenally successful.”
  • He also mentioned the idea of teachers today creating online hubs of information on educational areas, as well as lesson plans. See our Education Resources for Science and Engineering
  • And Flu Trends
  • “We needed the stimulus package, because the stimulus package had, among other things, $20 billion for science and education funding… Real wealth is created by businesses, not by financial engineering, and by businesses that provide new products that solve new problems.”
  • Why do you assume the best students in the world are going to come to America? “Because they choose to come here right now… That is a brilliant [actually not brilliant at all] strategy take the best people hire them in American universities and then kick them out” It happens. “Its shocking.” It happens. “I know we are fighting against it.” “We America remain, by far the place of choice for education, particularly higher education.
  • Technologists as a group tend to be more analytical, more data driven, more personally liberal (more willing to tolerate the differences among people, more global in their focus… [technologists] as a group believe you can literally change the world from technology.”

Related: Eric Schmidt on Management at GoogleEric Schmidt Podcast on Google Innovation and EntrepreneurshipLarry Page and Sergey Brin InterviewMarissa Mayer Webcast on Google InnovationLarry Page on How to Change the World

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