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IATI - Israel Advanced Technology Industries
IATI News & Events Daily Industry News Google chief predicts: Israel will have an oversized impact on the evolution of technology

Google chief predicts: Israel will have an oversized impact on the evolution of technology

Jun. 26, 2012

Google chairman Eric Schmidt, who visted Israel last week, posted some thoughts on Google + to elucidate about his trip and his perceptions about the “oversized impact” Israel will have on future of world technology.

In his post, Schmidt specifically avoided discussing the Middle East conflict and instead praised Israel for its developments in technology, science and engineering. Schmidt made similar comments last Monday, when he spoke at the Big Tent conference in Tel Aviv.

“After a long trip through the Asian trouble spots, Israel felt very peaceful, and very much like Silicon Valley,” Schmidt wrote in his Google + post. “I won't comment on the history, conflict or opposing views in the region which are well understood, or at least well covered if poorly understood. To see the tiny Old City of Jerusalem, crucially important to three world religions, is to understand why people have fought over centuries for this land.

“Israel has few natural resources and has about half of its GDP tied up in export oriented businesses. The country is simply too small and with little opportunity to cooperate in traditional business with its neighbors, Israel has become a high tech hub. …“... For a small country, Israel will have an oversized impact on the evolution of the next stage of the technology we all use", he wrote.

For the full news item, see:

http://www.haaretz.com/business/google-chief-predicts-israel-will-have-an-oversized-impact-on-the-evolution-of-technology-1.444063


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