Google's co-founder, Eric Schmidt, talked about why Google is not doing as well as OpenAI, a company that makes smart chatbots. He said that Google decided working from home and having flexible hours were more important than being the best. Eric Schmidt also praised Elon Musk, the leader of Tesla and SpaceX, for getting the best out of his employees. Read from source...

Eric Schmidt, former Google CEO, and Elon Musk, CEO of Tesla and SpaceX, were discussed in the context of OpenAI and AI development. Eric Schmidt shared his thoughts during a conversation at Stanford University, mentioning that Google prioritized work-life balance and flexible working hours over winning. He pointed out that this decision led to Google's loss of initiative to OpenAI's ChatGPT. Schmidt went on to praise Elon Musk, highlighting the importance of founders in driving a company's success. While some may see Eric Schmidt's comments as criticism, others may view it as a call for action and self-reflection. The article mentions the increasing rivalry between Google and OpenAI and how it has intensified in recent months. The article also touches on the internal email from Microsoft Corporation that revealed the company's investment in OpenAI was driven by concerns about falling behind Google's AI capabilities. Overall, the article provides valuable insights into the current state of AI development and the competition between tech giants.

bullish

Eric Schmidt's comments about Google's loss of initiative to OpenAI, as well as his praise for Elon Musk's leadership, can be seen as a bullish sentiment for Google's future endeavors. Schmidt acknowledges the importance of winning, but also the need for work-life balance and flexible working hours, which could indicate potential growth areas for the company. Furthermore, praising Elon Musk's leadership suggests that Schmidt sees Musk as a competitor worth emulating, thus presenting a positive outlook for Google's prospects.