Skip to comments.Google's Eric Schmidt On Why Bankers Deserve Little Sympathy And Obama Does [Google, 0's Lap Dog?]
Posted on 01/09/2010 9:11:07 PM PST by Steelfish
Google's Eric Schmidt On Why Bankers Deserve Little Sympathy And Obama Does
Eric Schmidt, the chief executive of Google, tells Kamal Ahmed why America needs to take its share of the blame for the financial crisis and what 2010 holds for the world economy.
09 Jan 2010
Schmidt pictured with Google co-founders Larry Page (centre) and Sergey Brin. It was in May 2008 that Eric Schmidt noticed something rather odd happening in the world of Google. His analysts could not quite pinpoint what it was, but the all-important "metrics" measuring advertising revenue from each click on a Google advert were travelling south. "The sequence for us started in May we started seeing some strange things in Britain," the Google chief executive said. "In particular the way that our ad system auction was working was not quite right. It was as though we werent making the right amount of money on every one of our clicks. We measure the amount of revenue we get per click. What was happening was we were getting the same number of clicks and less revenue.
"We couldnt figure out why. Was it that people werent buying? We initially thought it was our error. Was it possible to make a mistake? Through the summer it was obvious that something had changed. It started in Britain in late May and I remember sitting there thinking what the hell is going on? Is this a trend, is this something unique to Britain? We now understand that it was a shift in consumer behaviour that was an early indication of what was to happen in banking."
That early warning system is one reason why Google has become a lodestar to the economic world and why Schmidt, one of the most powerful CEOs in the world..
(Excerpt) Read more at telegraph.co.uk ...
Soooo, what WAS going on? It looks like the link isn’t working.
Seems the link was missing the last “l” as in html.
I now avoid Google as much as I can.
I listened to a privacy expert on Kook to Kook AM last week.
She says that Google records everything that you search or do
She says there is only one truly private search engine, WWW.Startpage.com
You forgot Ixquick and Scroogle.org. These are the same Obama butt-sniffers from google who sent in “consultants” to the Obowma o8 campaign.
Odd that Obama supports the easy money policy and this twerp supports Obama with his massive deficit spending, which also "catches up with you."
Google: started by college students who stole campus computers off a loading dock because they felt their fledgling work entitled them more that everyone else.
“You forgot Ixquick and Scroogle.org.”
Never heard of them, hahaha
Google is hard to avoid because it is much more than just a “search engine.” I use it for gmail, calendar, maps, groups, and other things. I don’t like their politics, but they do provide many valuable services for free. I don’t think I have ever clicked on one of their ads, however. Not that I actively try to avoid the ads. They just don’t interest me.
“Google is hard to avoid because it is much more than just a search engine. I use it for gmail, calendar, maps, groups, and other things. I dont like their politics,”
I agree, but I am restricting them as much as I can.
I also have a Gmail account but never use it for anything but play.
She also said that Google tracks and records all of your Gmail. Pretty scary.
Being a great technocrat does not imply intelligence in other areas.
You are so right. There is a search engine out there that does not track your web hits, forget the name...but it has the word ‘start’ in it...google does keep all hits and info and is a VERY BIG uhBAMA support system...that is just so sad.
” There is a search engine out there that does not track your web hits, forget the name”