Eric Schmidt takes the blame for Google's social networking failures: 'I suspect we didn’t fully understand how to do it' (GOOG, GOOGL)

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November 8, 2018 1:56 AM

In an interview with economist Tyler Cowen, former Google CEO Eric Schmidt said the company's older generation of workers didn't grok social networking.

Eric Schmidt

podcast interview with economist Tyler Cowen
I think it would be fair to say that the rise of Facebook, etc., occurred on my watch," Schmidt admitted.
The former top executive blamed his age, in part, for the company's social failures, saying: "Because we didn’t collectively use it, I suspect we didn’t fully understand how to do it."

Google has never been great with social networks.

In a recent podcast interview with economist Tyler Cowen, former Google CEO Eric Schmidt said this was mostly his fault.

Schmidt was asked about the reason for —

Former CEO Eric Schmidt says Google had to revamp its whole hiring process because they were interviewing candidates 16 times

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