This will fail not because it's a bad idea, but because the government will reject it. Contrary to popular belief, established universities do a very effective job of preparing tech talent for government jobs. The issues, which Schmidt seems to miss, are twofold: (1) the government, with few exceptions, is a TERRIBLE place to build effective tech skills. Slow, heavily outsourced, bureaucratic beyond belief, and low p…
Classic modern HN comment. The hard working person with a history of success who is trying a risky ambitious project will fail, because they didn't consider the few things a commentor instantly spotted as problems.
I do see value for an institution described as such in this post, but much more on the research side of things with a secondary focus on should a new branch of the military be established to focus specifically on cyber issues, such an institution could become valuable in the same vain as something like west point.