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Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

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Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#151
post #124

Earlier quoted context omitted.

This meme is based on a few isolated and misinterpreted quotations. Let's take an earnings call, where we would expect him to be showing his true colors as someone who purportedly doesn't care about privacy: Q: How does Google think generally about leveraging user data, both to better target ads and how to stay competitive with those like Facebook and Microsoft and Yahoo that are leveraging data possibly more so than…

"... And we probably, in many cases, won't do it forever." You will have to excuse me for not being terribly excited about the words "probably" and "in many cases". He sounds to me like someone who is saying exactly what he thinks people want him to say, and then throwing in a couple of qualifiers that pretty much leave the company open to doing whatever they decide to do in the future. If someone calls Him on it, we…

> You will have to excuse me for not being terribly excited about the words "probably" and "in many cases".

He said categorically that it would not happen without the user's permission. And then went on to further say that it probably would not happen at all (even with the user's permission). The last sentence was further limiting the scope of what Google will do, not expanding it.

> He sounds to me like someone who is saying exactly what he thinks people want him to say

He is talking to investors, not privacy advocates. He is saying the opposite of what investors want to hear. Investors would want him to say "we are sitting on a high-value treasure trove of marketing information, and of course we will use it to enhance the value of our ads products whenever we can." Instead he is saying exactly the opposite of what would increase Google's perceived value.

> Yes, perhaps Schmidt was only trying to cover the company's collective rear end for when federal laws require them to disclose information, but if so, He has done an extremely poor job of convincing me (and obviously many others in the world) that such was his intention.

What about the fact that his very next sentence was: "If you really need that kind of privacy, the reality is that search engines -- including Google -- do retain this information for some time and it's important, for example, that we are all subject in the United States to the Patriot Act and it is possible that all that information could be made available to the authorities."

Google is not the only search engine that keeps logs, and any US company that keeps logs is subject to government subpoenas. This is reality. If Eric or any other search engine CEO told you differently, they'd be lying to you.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#153

I'm sorry, but this is not "publicly clarifying" anything. This new is huge. My guess at the real reason is this: Google created and continues to dominate the global market for low-priced ads - but it isn't doing enough to retain that dominance by either innovating in search, developing content networks (like Facebook or Amazon) or by taking control of new platforms (which is hard to do).

They took control of the Youtube content network. They serve the ads for most of the world's biggest websites, and they have a solid foothold in mobile. I don't think Google is in any trouble.

They really just need to make a compelling social product that appeals to the masses, not just tech geeks.

I suspect Schmidt dropped the ball on buying Twitter at some point, and Buzz, Wave, etc. were all duds. He's great at selling ads, so they've put him in charge of that while the cofounders work on future product development.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#154
post #138

Earlier quoted context omitted.

That's pretty interesting. Do you have a cite? Android (the company) was essentially designed as something to sell to Google. I wonder if the guys at Android bypassed Schmidt because they knew he'd be a tougher sell.

He said it during a press event in New York. There were ppl live blogging in the room but somehow nobody picked up that part of what he said, but I remember at least one person tweeting it. He said it in passing, while talking about the Google mobile strategy (the summary of what he said was "we sort of fell into this business, nobody really understands it just yet (mobile ads) or how big the opportunity will be") I…

So there was press, lots of live-blogging witnesses, and what would be an incredibly interesting statement by Eric Schmidt, and you can't find any record of it?

I'm sorry, but the most likely theory in this case seems to me to be that you're misremembering things, than somehow a whole room of other people were simultaneously rendered incapable of recording or publishing a very interesting quote from Eric.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#156

I bet this means Eric is on his way out. He'll stay on for a year or so, so as not to rattle investors, and then he'll leave the company.

I doubt it, he's too young to be doing nothing. He'll come to his senses and stay on!

After I posted this comment, the New Yorker came out with an article quoting an insider who agrees with me. It's a pretty straightforward thing... happens all the time.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#157
post #127

From a programmer nerd, Schmidt has the most enviable resume. The entrepreneurs admire Jobs and Gates, but Schmidt worked his way through Bell labs, PARC, managed the release of Java, was CTO of Sun, CEO of Novell, and brought google from a well executed grad school project to dominate the internet. He turned down a job with the Obama administration to be the governments CTO. He also did all that as an academic, afte…

Absolutely. Would like to add that he has never been a founder, always a hired gun.

Yep, he's on the short list (with Ballmer) of people who are billionaires through stock grants without being co-founders or heirs.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#158
post #143
post #127

From a programmer nerd, Schmidt has the most enviable resume. The entrepreneurs admire Jobs and Gates, but Schmidt worked his way through Bell labs, PARC, managed the release of Java, was CTO of Sun, CEO of Novell, and brought google from a well executed grad school project to dominate the internet. He turned down a job with the Obama administration to be the governments CTO. He also did all that as an academic, afte…

And coauthored lex.

Yep, surprised I left that out.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#159
post #113

Earlier quoted context omitted.

They probably would have never made a dollar, but it would have been awesome (btw, Larry and Sergey bought Android without telling Eric, to give you an idea of what could have been)

That's pretty interesting. Do you have a cite? Android (the company) was essentially designed as something to sell to Google. I wonder if the guys at Android bypassed Schmidt because they knew he'd be a tougher sell.

Here's a Business Insider article from October 2009 that covers it:

http://www.businessinsider.com/sometimes-larry-and-sergey-do...

John Gruber linked back to it this morning.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#160
post #124

Earlier quoted context omitted.

"... And we probably, in many cases, won't do it forever." You will have to excuse me for not being terribly excited about the words "probably" and "in many cases". He sounds to me like someone who is saying exactly what he thinks people want him to say, and then throwing in a couple of qualifiers that pretty much leave the company open to doing whatever they decide to do in the future. If someone calls Him on it, we…

> You will have to excuse me for not being terribly excited about the words "probably" and "in many cases". He said categorically that it would not happen without the user's permission. And then went on to further say that it probably would not happen at all (even with the user's permission). The last sentence was further limiting the scope of what Google will do, not expanding it. > He sounds to me like someone who…

Sorry, I just got back to this thread.

> > You will have to excuse me for not being terribly excited about the words "probably" and "in many cases".

> He said categorically that it would not happen without the user's permission. And then went on to further say that it probably would not happen at all (even with the user's permission). The last sentence was further limiting the scope of what Google will do, not expanding it.

That totally depends on how you read that entire (2 short paragraph) response -- you can take it with an optimists viewpoint and say he really is saying they have no intention of ever abusing that information. But I'm sorry, if that truly was his intent he chose his words very poorly. "And we probably, in many cases, won't do it forever." can easily be taken to be applied to his entire comment, and that doesn't inspire confidence in me that I can take his comments for what I perceive he wants me to take them to mean.

Yeah, I'd like to live in a world where I can take the word of business executives at face value, and never be concerned that what they appear to be saying may not be what they are actually saying. However, life experience has shown that the world I live in is not such a world.

> > He sounds to me like someone who is saying exactly what he thinks people want him to say

> He is talking to investors, not privacy advocates. He is saying the opposite of what investors want to hear. Investors would want him to say "we are sitting on a high-value treasure trove of marketing information, and of course we will use it to enhance the value of our ads products whenever we can." Instead he is saying exactly the opposite of what would increase Google's perceived value.

Regardless of the audience that was immediately before him, Schmidt knows his words will be out in public view. I was not arguing that he was telling investors what they wanted to hear, I was arguing that he could be telling users of Google's search engine what they want to hear. If you are trying to project the message that Google won't abuse data they've collected about you regarding your browsing habits, as a Google executive, you will try to make it sound like that is true no matter what forum you are in -- if there is significant chance that the public will hear about it. I still say there is a decent chance of Schmidt wanting to have it both ways here -- wanting the public to believe Google won't abuse the data, but still leaving the possibility that they can change their policy in the future (while, of course, intending the public to believe that that will never ever happen).

> > Yes, perhaps Schmidt was only trying to cover the company's collective rear end for when federal laws require them to disclose information, but if so, He has done an extremely poor job of convincing me (and obviously many others in the world) that such was his intention.

> What about the fact that his very next sentence was: "If you really need that kind of privacy, the reality is that search engines -- including Google -- do retain this information for some time and it's important, for example, that we are all subject in the United States to the Patriot Act and it is possible that all that information could be made available to the authorities."

I think you misunderstood what I was trying to say here. I wasn't arguing that Schmidt was not trying to cover Google's legal responsibilities (in fact, I totally agree that he was trying to do that). I was arguing that he has not convinced me that covering said responsibilities was the only thing he was trying to do (I put the "only" in the first part of the first sentence, I should have also said "only intention" at the end of the second sentence). Bottom line is I am not convinced that Schmidt has zero intentions of allowing Google to exploit data gathered about individual's use of Google's search engine (and anything they can tie that use to) for financial gain.

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