Google’s Schmidt Talks to Newspaper Editors

Google's Schmidt Talks to Newspaper Editors

Too few newspapers ask the question “what would Google do?” So the man many consider to be journalism’s nemesis, Google CEO Eric Schmidt, addressed the American Society of News Editors in Washington, D.C. this week. While he wants Google to be helpful to the news profession, Schmidt said that the Internet has “replaced the economics of scarcity with economics of abundance and all of us are dealing with the consequences of that.”

Here’s video of the address:

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