Google’s Goal

Google Chairman and CEO Eric Schmidt, who was the featured speaker at a Newhouse School event in San Francisco, said that “The goal of the company [Google] is not to monetize everything, the goal of the company is to change the world, monetization is a way to pay for that.”

He replied this on the question if Google is actually only into “searching”, and using all else to earn more money.

Schmidt also said that “We think an independent Yahoo is better for competition, for innovation and so forth,” with regards to Microsoft trying to take over Google. When asked about the partnership that Google suggested to Yahoo, Schmidt answered that this would be very structured, and never even would come close to anything breaking the anti-trust laws.

I guess there is a whole lot more we can expect from Google in the coming years… Looks promising to me!

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