Google's Eric Schmidt: You can trust us with your data
...Of course, along the way Google gathers an awful lot of your data. Schmidt says this enables them to deliver better-targeted ads - more lucrative for Google, more relevant and less annoying for you. However, it raises privacy issues, something for which Google has been criticised.
"I think the criticism is fine. I think criticism informs us, it makes us better. It doesn't bother me at all,” Schmidt says. However, he acknowledges the problem but says it’s a broader issue. "Those concerns are real - I'm not trying to move away from them. The fact of the matter is that if you're online all the time, computers are generating a lot of information about you. This is not a Google decision, this is a societal decision. In Britain, you all allow yourselves to be photographed on every street corner. Where are the riots?”...
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