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Tuesday, July 7, 2009

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Does Google always do good?

Google CEO Eric Schmidt and Kai Ryssdal

Google is famously known for its motto, "Don't be evil." In an interview with Kai Ryssdal at the Aspen Ideas Festival, CEO Eric Schmidt talks about whether the company's presence in so many people's lives is always a good thing.

Google CEO Eric Schmidt is interviewed by Marketplace Host Kai Ryssdal at the Aspen Ideas Festival. (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.

Google CEO Eric Schmidt is interviewed by Marketplace Host Kai Ryssdal
(Aspen Ideas Festival)

Comments

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  • By Paul Chabeda

    From Charlotte, NC, 07/09/2009

    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!

    By Robert Yeager

    From Tucson, AZ, 07/07/2009

    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.

    By Arthur Hatzopoulos

    From Montclair, NJ, 07/07/2009

    Eric Schmidt stated that innovation ALWAYS comes from private companies rather than the public sector. Can someone remind him who invented the internet, for which Google is only one tiny application?

    By M Nelson

    07/07/2009

    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?

    By Jeffrey Blackburn

    From Palmer, AK, 07/07/2009

    Fantastic interview. All I can say is how do I get on the invitation list for the Aspen Ideas Conference...?!!!

    By Jeff Cavell

    From Ann Arbor, MI, 07/07/2009

    Google says, "Don't be evil." The business world says, "Aha! Another potentail revenue stream!" I say, "Goodbye, goodbye, goodbye..."

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