Shalom Life | July 30, 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."

Simon Cowell Is Being Harassed on Twitter Over His Donation to the IDF Simon Cowell Is Being Harassed on Twitter Over His Donation to the IDF TrendingAn Interview with Umami Burger Creator Adam Fleischman An Interview with Umami Burger Creator Adam Fleischman TrendingThe Israeli Version of Snapchat The Israeli Version of Snapchat Trending
 

Drake Beats Usher For Most R&B/Hip-Hop No. 1’s on Billboard

July 30, 2014 | By Ashley Baylen
Drake Beats Usher For Most R&B/Hip-Hop No. 1’s on Billboard

Drake made Billboard history, beating Usher's previous No. 1's record.

Read More

Daniel Radcliffe Trades in His Magic Wand For Electric Hair Clippers [VIDEO]

July 30, 2014 | By Ashley Baylen
Daniel Radcliffe Trades in His Magic Wand For Electric Hair Clippers [VIDEO]

The 'Horns' star cut a college student's hair on Jimmy Kimmel Tuesday night

Read More

Judd Apatow, J.J. Abrams and Quentin Tarantino Join Forces to Save Film

July 30, 2014 | By Ashley Baylen
Judd Apatow, J.J. Abrams and Quentin Tarantino Join Forces to Save Film

A few of Hollywood's biggest directors have struck a deal with Eastman Kodak.

Read More

Lena Dunham to Do Live Reading, Q&A at JFL42 in Toronto

July 30, 2014 | By Ashley Baylen
Lena Dunham to Do Live Reading, Q&A at JFL42 in Toronto

The 'Girls' creator will also sit down with CBC's Jian Ghomeshi for an interview

Read More

Six Israeli IPOs to Watch in 2014

July 30, 2014 | By Michael Lefkoe, NoCamels
Six Israeli IPOs to Watch in 2014

A look at those Israeli companies that plan to go public on either NYSE or NASDAQ by the end of the year

Read More

Magic Johnson, Other NBA Players Call Off Visit to Israel

July 30, 2014 | By Peter Herriman
Magic Johnson, Other NBA Players Call Off Visit to Israel

Were originally scheduled to play at the opening of Jerusalem's new arena

Read More

Jewish Hall of Fame: David Rosen

July 30, 2014 | By Caitlin Marceau
Jewish Hall of Fame: David Rosen

The American businessman served as CEO of Japanese video game company SEGA from 1965 to 1996

Read More

Ex-Hasidic Jew Has “Divine Intervention” Over Sexy Photos

July 30, 2014 | By Peter Herriman
Ex-Hasidic Jew Has “Divine Intervention” Over Sexy Photos

After Brenda Rosenberg was injured in a car accident, members of her former community called it a "message" from God

Read More

More Headlines