Shalom Life | October 25, 2014

Google's Eric Schmidt Tells Israeli Audience: “The Future is Just Starting”

Chirman Addresses Participants at Big Tent Conference in Tel Aviv

By: David Shear

Published: June 19th, 2012 in Business » World

Google's Eric Schmidt Tells Israeli Audience: “The Future is Just Starting”

Addressing the audience at a conference in Tel Aviv, Google Chairman Eric Schmidt said that Google’s Israeli-based development centres are the most efficient and that, due to their worth, they are being expanding regularly.

“We love Israel,” Schmidt told the crowd during Google’s Big Tent conference, which brought him to the Jewish state for the first time. Schmidt even went on to praise Israel’s salespeople who he called “the best in the world”, and lauded them for contributing to his company’s profit margin.

The Big Tent Conference was created to explore whether the Internet is creating a new political agenda and how it is shifting power in society. With speakers drawn from politics, business and the media, they will debate whether new technologies are really shifting the political discourse or whether these technologies simply duplicate traditional power relationships.

While heaping praise on the IDF for training a generation of computer people who fully understand data analysis, Schmidt added: "The dictators in Egypt, Libya, and Tunisia were old men who did not understand the internet. Shutting down the internet in Arab countries was a step too far. When the government silences the internet for its people, it's a sign that it is scared."

Ironically, the Big Tent Conference took place just as Facebook announced that it was buying Face.com, the Israeli company that provides facial-recognition technology, for a price tag of somewhere between $80 million and $100 million.

Addressing the Arab Spring, Schmidt commented that "the dictators of the Arab world were censoring everything except for the Internet; they were too old and didn’t know about [it]."

"People should not be afraid of technology," Schmidt said. "The future is just starting."

Wix Named 'Hottest Middle Eastern Startup' Wix Named 'Hottest Middle Eastern Startup' TrendingStartup Club: Hello Doctor Startup Club: Hello Doctor TrendingPÜR Gum Makes Long Lasting Impression on Dragon's Den PÜR Gum Makes Long Lasting Impression on Dragon's Den Trending
 

Seinfeld Finally Joins Facebook and Instagram [VIDEO]

October 24, 2014 | By Ashley Baylen
Seinfeld Finally Joins Facebook and Instagram [VIDEO]

A hilarious video shows Michael Richards asking Seinfeld to take out Netflix and Hulu.

Read More

Seth Rogen and Megan Fox Join James Franco’s ‘Zeroville’

October 24, 2014 | By Ashley Baylen
Seth Rogen and Megan Fox Join James Franco’s ‘Zeroville’

Rogen and Fox will be co-starring alongside Will Ferrell, Danny McBride and Dave Franco

Read More

Mila Kunis Dolls Are Coming To a Store Near You

October 24, 2014 | By Ashley Baylen
Mila Kunis Dolls Are Coming To a Store Near You

Adorable dolls featuring Mila Kunis and Channing Tatum in 'Jupiter Ascending' are coming out in January

Read More

Jews Around the World to Take Part in the Shabbat Project

October 24, 2014 | By Daniel Koren
Jews Around the World to Take Part in the Shabbat Project

Jews in 460 cities across the world to take part in the inspirational Jewish initiative, including Paula Abdul and Mayim Bialik

Read More

Wix Named 'Hottest Middle Eastern Startup'

October 24, 2014 | By Viva Sarah Press
Wix Named 'Hottest Middle Eastern Startup'

Inc. magazine credits Israeli DIY website creation platform with taking a complicated task and making it enjoyable

Read More

‘Fury’ A Blistering Account of World War II—Sans the Holocaust

October 24, 2014 | By Jason Stack, JNS.org
‘Fury’ A Blistering Account of World War II—Sans the Holocaust

The Brad Pitt and Shia LaBeouf-starring film essentially omits the brunt of the Holocaust from World War II

Read More

Israeli Company Shows that Energy Does in Fact Grow on Trees

October 24, 2014 | By NoCamels Team
Israeli Company Shows that Energy Does in Fact Grow on Trees

The eTree is a solar-powered urban habitat that is constructed from metal pipes and topped with solar panels

Read More

For the First Time Ever, Women of the Wall Hold Torah Reading at the Kotel

October 24, 2014 | By Kobi Nachshoni
For the First Time Ever, Women of the Wall Hold Torah Reading at the Kotel

Western Wall rabbi says "This will never happen again" after the group managed to smuggle a tiny scroll into the women's section of the Western Wall

Read More

More Headlines