Live Blog: Google's Eric Schmidt in India day 2

21 Mar, 2013

  • 600 million mobile users, 130 million net users, 20 million broadband users, by any definition India is under penetrated.
  • We have to lower the cost of devices to maximise impact of internet in India.
  • You want entrepreneurs to take risk, but you don't want them to go to jail.
  • Its very important to make the transition to 4G because its more efficient.
  • In India there is an education problem, medicine problem, banking problem, all can be solved with mobile internet.
  • Talk about corruption, if everything is there on the internet, investigation is also easier.
  • It's natural for firms to aggregate info on users & so its imp for Indian laws to respect right of privacy for citizens.
  • The problem is that there is no delete button on the internet.
  • If you let us record details, we can serve you better, but you don't HAVE to do it, we have provision for anonymous surfing.
  • "When do I get Google Now app on my iPhone?" Well you need to discuss that with Apple (they did approve Google maps recently).
  • "Why did you kill Google Reader?" Its an example of 'Spring Cleaning'.
  • Part of Google's success is because we showed advertising can be science as well as an art.
  • The future is mobile devices, no-one should be confused about it.
  • The reason why mobile advertising should be more rewarding is that we have more information on the user.
  • The reach of Twitter amazes me.
  • You are selling 40% of your stock, is that an indication of your time ending at Google? Completely false. Google is my home.
  • A reasonable model for newspapers/publications is to transition print subscribers to online subscribers.
Google's Eric Schmidt now in a rapid-fire round
  • Kindle or Blackberry?- Blackberry
  • Facebook or Twitter? Twitter has a different model, FB is in transition (I don't know what they are transitioning to)
  • Amazon or Apple? They are both going to do well
  • iPad Mini or iPad? iPad (iPad Mini is too small)
  • India or China? In short term India, the math favours India & I am a mathematician
And that's all from Google boss Eric Schmidt at the Google's Big Tent Activate event in Delhi. Watch out for our story for more Schmidt-speak.