The New Digital Age Stories May 22, 2013

In the fifth installment of our continuing series Talking Schmidt we bring you the most insightful lines from Google Chairman Eric Schmidt.

Schmidt, who is promoting his new book The New Digital Age with his coauthor Jared Cohen, responded to UK politician Ed Miliband’s call for “responsible capitalism” earlier this week.

He reminded Miliband that Google is a country… ahem, company powered by profit and projects like wearable computing and self-driving cars better serve Google than forfeiting more of its profits to various governments.

“Google is a capitalist country … company,” he corrected himself, to laughter from the audience. “It’s easy to say you would like us to have to have less profits and have that somewhere else. We will comply with the letter of the law, but we’re trying to avoid being doubly and triply taxes, which would prevent us investing in some of the wilder things we do.”

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The New Digital Age Stories May 13, 2013

In our continuing series Talking Schmidt we bring you the most insightful lines from Google Chairman Eric Schmidt.

Schmidt, who is promoting his new book The New Digital Age, spoke with NPR over the weekend on the Wait Wait… Don’t Tell Me! program in a rather lighthearted appearance.

NPR host Peter Sagal asked the executive chairman how much Google knew about its users at the top of show, which prompted Schmidt to admit, “Well, as much as you’ll let us know.”

Schmidt also mentioned that the company really doesn’t quite know the definition of evil, from its famous slogan “Don’t Be Evil,” and that he thought it was “the stupidest rule ever” when he joined the company.

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