Eric Schmidt, Google’s Former CEO; A Potential “She-Cession” Looms

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 14 May 2020

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Eric Schmidt, Google’s former CEO and Executive Chairman, has teamed up with New York Governor Cuomo. Schmidt explains technology’s role in the Covid-19 pandemic, from surviving it to ending it, and through whatever comes afterward. In a conversation exclusive to Squawk Pod, Andrew Ross Sorkin shares context on the man who built Google into the behemoth we know today, and the backlash that comes with asking billionaires for help in a crisis. Plus, journalist and CNBC contributor Joanne Lipman says a successful economic reopening depends on supporting women in the workforce.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our
0:04.1	podcast, Eric Schmidt, Google's former CEO and executive chairman on a
0:08.5	technology response to COVID-19. Try to imagine your experience in this pandemic right now without these tech companies.
0:16.3	You can't participate in the economy without a digital connection now.
0:19.7	It used to be that you could.
0:21.4	Plus context for that interview from our very own Andrew Ross
0:24.4	Sorkin exclusive to this podcast. The internet right now is the ultimate
0:28.8	divider between the haves and the have-nots. If you do not have internet that is a demonstrable have-not. and have not not
0:34.5	and journalist Joanne Lippman on the she session
0:37.7	how the pandemic recovery is only as good as its support for women in the workforce.
0:42.6	I mean, the fact is we're not going to get this economy back on track if we sort of ignore half
0:49.2	of the working population.
0:51.1	It's Thursday, May 14, 2020, Squack Pod begins right now.
0:55.0	Good morning everybody.
0:57.0	Welcome to Squack Box here on C.
0:59.0	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
1:02.0	First up today on the podcast Eric Schmidt, a long time Google Executive, he was CEO of the company for a decade from 2001 to 2011.
1:12.0	Here's Andrew.
1:13.0	They called him the parental supervision or the adult in charge
1:17.0	when Larry and Sergei, the two founders,
1:19.0	needed some help to actually operate the company.
1:21.0	While Schmidt was the adult in the room,
	...

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