Mr. Schmidt says the interaction with candidates and potential candidates is what makes the tool work.
Schmidt says the media industry has fundamental issues, going from scarcity models to ubiquity models.
Schmidt says Chrome now has 15% market share in browsers, and is more secure than others.
Schmidt says new CEO Larry Page is a genius, and in particular a product genius.
Schmidt says they are not driving the new era in the mind of consumers.
"The number one goal is to build the most powerful platform to build these new businesses, " Schmidt says.
Schmidt says they are a cloud computing company, with big businesses in browsers, and maps, and other things.
Schmidt says he is very concerned that sum of the economic interests will ultimately lead to balkinization of the Internet.
"Their view is that there is much greater progress if you have many small teams going out at once, " Schmidt says.
Schmidt says they have entered big markets with display ads, Android, YouTube..he says they have shown the ability to grown new services.
Back at the Schmidt farm, Hans Schmidt says he is all right with losing checks from the government he doesn't always need.
Schmidt says he would still like Nokia to be an Android licensee.
Dr Schmidt says that various firms are now testing his feather-based plastics for use in such things as biodegradable nappies and home insulation.
Of the 17 information technology jobs open at the company right now, Schmidt says ten are for entry-level positions, mostly for computer help desk support.
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"If something is successful, you work it in, somehow, " Schmidt says.
Schmidt says there is always a possibility of a new invention.
Schmidt says we are seeing the death of IT as we know it, and that next generations of companies will be built by Web-based, cloud-based applications.
Executive Chairman Eric Schmidt says that the two companies are communicating, but does seem to be enjoying the negative attention his chief rival is getting.
Schmidt says the advantage of Google Wallet is that it is a one-stop way of managing things, he says all of that is fundamentally easier in a cloud based model.
"I don't like to put money where I don't know it will help me, " says Mr. Schmidt, who says he doesn't play "Rock Band" or other videogames, and probably wouldn't have risked his own money on getting his song onto the game.
Schmidt now says Google will definitely participate in the auction.
That group, backed by investors such as filmmaker James Cameron and Google executives Larry Page and Eric Schmidt, says it hopes to get its first unmanned probes into space by the end of 2013.
Marc Meyer, who knew Schmidt at UC, Berkeley and worked with him at PARC, says Schmidt sees a day when Google will hold everyone's data on a "trust me" basis.
"I always thought that big companies had big checks written to them, " says Schmidt.
"A new model of computing is here, and mobile is the next large platform, " says Schmidt.
"These guys took most of their pay in the form of equity, " says Schmidt.
"Having these ecosystems where everybody is making money together is incredibly strategic and also defensive, " says Schmidt.
Mossberg says Schmidt describes the company as being about search and advertising, but that the company keeps getting into other businesses.
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