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- Why Google fumbled its lead in AI: Insights from former CEO Eric Schmidt
Why Google fumbled its lead in AI: Insights from former CEO Eric Schmidt
Former Google CEO Eric Schmidt discusses the reasons behind Google's loss of leadership in AI, emphasizing the importance of work culture, startup mindset, and founder's role in innovation.
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Video Transcript
I'm no longer a Google employee in this
beautiful disclosure um Google decided
that work life balance and going home
early and working from home was more
important than winning and the reason
startups work is because the people work
like El and I'm sorry to be so blunt
there's there's a long history of
companies winning in a genuinely
creative way and really dominating a
space and not making this the next
transition it's very well documented
and I think that the truth is Founders
are special the founders need to be in
charge the founders are difficult to
work with they push people hard um as
much as we can dislike elon's personal
Behavior look at what he gets out of
people uh I had dinner with him he was
flying that night at 10m to have a
meeting at midnight with
x. right think I was in Taiwan different
country different culture this is tsmc
I'm very ress with and they have a rule
that the starting phds good good
physicists work in the factory on the
basement floor now can you imagine
getting American physicists to do that
the phds highly unlikely different work
ethic and the problem here the the
reason I'm being so harsh about work is
that these are systems which have
Network effects so time matters a lot
and in most businesses time doesn't
matter that much right you have lots of
time you know Coke and Pepsi will still
be around and the fight between Coke and
Pepsi will continue to go along and it's
all glacial
