Ken Auletta reports in The New Yorker on Google’s increasing lobbying operations in Washington DC: The Search Party. The last quote by Eric Schmidt was fascinating.
“When you have a technology that is as engrossing as the Internet, you’re going to have winners and losers. I’m not trying to sound arrogant. I’m trying to sound rational about it. The Internet allows people to consume media in a different way.” He believes that because Google is “run by three computer scientists we’re going to make all the mistakes computer scientists running a company would make. But one of the mistakes we’re not going to make is the mistake that non-scientists make. We’re going to make mistakes based on facts and data and analysis.” He paused. Then he said, “What kills a company is not competition but arrogance. We control our fate.”
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