WEBVTT - Sundar Pichai

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<v Speaker 1>Because you. Thank you so much for doing this, not

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<v Speaker 1>at all. It gave us more chance to tweak the

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<v Speaker 1>lights for the fifty thousands of times you're doing well. Yes,

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<v Speaker 1>How often are you coming into the office these days?

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<v Speaker 1>About two to three days a week. How about you?

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<v Speaker 1>I guess you come in. Yeah, I'm in every day now,

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<v Speaker 1>So no more kids on the set. I have to ask,

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<v Speaker 1>is your son still mining ethereum? He and I literally

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<v Speaker 1>are talking about it last night. He's like that, you're

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<v Speaker 1>the one who made me give up on it. I'm like, no,

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<v Speaker 1>I didn't. But yeah. The thing that's good about business,

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<v Speaker 1>I think it excites a whole new generation about technology,

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<v Speaker 1>which is which is good. I really appreciate well, thank

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<v Speaker 1>you for doing it, and thank you for coming down

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<v Speaker 1>to do it. I'm ready to go, and you guys

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<v Speaker 1>are from Google Headquarters in Mountain View, California. Welcome to

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<v Speaker 1>this edition of Bloombrook Studio. At one point, Oh, I'm

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<v Speaker 1>Emily Chang, and today my guest is Alphabet CEO Sundar Pichai.

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<v Speaker 1>He was born and raised in India and had almost

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<v Speaker 1>no access to a computer until he got to college

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<v Speaker 1>Entford University in the heart of Silicon Valley. Just years later,

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<v Speaker 1>he found himself rising through the ranks of the world's

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<v Speaker 1>largest search engine. It was Pachai that Google co founders

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<v Speaker 1>Larry Page and Sergey Brin chose to run Google and

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<v Speaker 1>later Alphabet now valued it more than two trillion dollars.

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<v Speaker 1>It's one of the most powerful companies on the planet.

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<v Speaker 1>You grew up in India, you lived through droughts, water

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<v Speaker 1>was scarce. How has that experience shaped your feelings about

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<v Speaker 1>the urgency of stopping climate change? You know, I grew

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<v Speaker 1>up in Chennai, India, and a big part of my

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<v Speaker 1>childhood was, uh, you know, really pretty severe water scarcity.

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<v Speaker 1>You know, we would get water trupped in for the

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<v Speaker 1>streets and standing lines and carry a few buckets of

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<v Speaker 1>water at home. There was no running order for many years.

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<v Speaker 1>And you know, but fast forward a few years ago,

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<v Speaker 1>you know, Chennai had one in a hundred year flawed

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<v Speaker 1>uh you know, which was a very extreme event kind

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<v Speaker 1>of drove home. That combined with a few years ago,

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<v Speaker 1>waking up to the orange skies here in the Bay Area,

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<v Speaker 1>seeing the look of concern on my children's faces and

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<v Speaker 1>having to explain it, you know, all kind of drove

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<v Speaker 1>home in a deeply personal way for me. So I

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<v Speaker 1>think it's the most defining issue we all face, and

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<v Speaker 1>and you know, definitely something very motivated on working towards.

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<v Speaker 1>I remember waking up to those orange Skuys too and

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<v Speaker 1>having to have that same conversation with my kids. Do

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<v Speaker 1>you think the commitments that cut twenty six went far enough?

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<v Speaker 1>You know, I'm encouraged by many things. Uh, you know,

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<v Speaker 1>we have to tip our hat to the people who

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<v Speaker 1>are working super hard. The issues and the trade offs

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<v Speaker 1>are are genuinely difficult. You know, you have to keep

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<v Speaker 1>the economies growing. Uh, you know, it really matters. And

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<v Speaker 1>but at the same time, it's a pretty severe, urgent issue.

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<v Speaker 1>So I are encouraged by the progress. I think it

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<v Speaker 1>builds on the Paris agreements, so I can see the

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<v Speaker 1>forward progress. There is the deep anxiety that it all

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<v Speaker 1>may not be enough, but you know, we have to

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<v Speaker 1>be optimistic and keep pushing. Google has set some aggressive

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<v Speaker 1>targets to run entirely on clean energy, to be the

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<v Speaker 1>first tech giant to do so twenty four hours a day.

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<v Speaker 1>How confident are you that when you look back on

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<v Speaker 1>this time, let's say, a decade from now, you'll be

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<v Speaker 1>able to say Google did enough to help save the world.

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<v Speaker 1>We are putting so much energy and resource into it.

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<v Speaker 1>It's always been kind of a founding value for us.

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<v Speaker 1>We've been carbon neutral since two thousand seven. We've been

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<v Speaker 1>matching our energy consumption with renewable energy over the past

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<v Speaker 1>few years. So this, you know, we are not pushing.

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<v Speaker 1>It's a moon shot. To be seven carbon free. That

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<v Speaker 1>means every search you do, every email you send, that

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<v Speaker 1>we can do it carbon free. We were at sixty

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<v Speaker 1>one percent in the number is now sixty We've set

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<v Speaker 1>our goals to be pent by and to do it globally.

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<v Speaker 1>That means we have to solve new things which we

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<v Speaker 1>haven't done before. Wind and solar alone won't be enough.

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<v Speaker 1>We just started Geo Tomlin, Nevada. We will be investing

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<v Speaker 1>in newer technologies, including carbon capture, etcetera over time. So

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<v Speaker 1>that's what excites me. We are a technology company at heart,

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<v Speaker 1>so part of there are many answers to this problem.

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<v Speaker 1>Some of it is that we're going to have to

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<v Speaker 1>innovate our way out of it, and you know, we

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<v Speaker 1>want to push as hard as possible in doing that.

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<v Speaker 1>Our Bloomberg New Economy Forum is happening this year in Singapore,

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<v Speaker 1>and the Asia Pacific region is one of the fastest

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<v Speaker 1>growing internet economies on the planet. Where do you see

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<v Speaker 1>the most room, the most opportunity for Google to grow there? Uh,

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<v Speaker 1>you know, it's such a fitting time frame, you know,

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<v Speaker 1>I'm glad you're focused on the region. It's the most

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<v Speaker 1>vibrant region we see. It's our twenty a year since

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<v Speaker 1>we opened our office in Tokyo. It was the first

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<v Speaker 1>office outside the Bay Area. Um, you have two and

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<v Speaker 1>a half billion people on the Internet. There are many

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<v Speaker 1>areas in which they are there leap frogging trends which

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<v Speaker 1>are here and embracing the future. Digital payments is a

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<v Speaker 1>great example. So many of our products originated from a

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<v Speaker 1>pack Google Maps, Google Pay. A lot of our journey

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<v Speaker 1>to bring computing to more people is playing out in

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<v Speaker 1>Asia as well. I am excited about also the work

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<v Speaker 1>we're doing through cloud because the companies that are rapidly

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<v Speaker 1>transforming themselves digitally a chance to provide that is something

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<v Speaker 1>very exciting for us. So super dynamic region. Clad. I

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<v Speaker 1>feel like we are learning as Google being in the region,

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<v Speaker 1>and so I think it will transform the first ten years,

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<v Speaker 1>I would have said we took products here and brought

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<v Speaker 1>it to a pack. Over the past few years, we're

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<v Speaker 1>beginning to build things there and some of our future

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<v Speaker 1>global products will be a pack first and the rest

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<v Speaker 1>of the world later. You can't talk about a pack

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<v Speaker 1>without talking about China, and you're facing stiff competition from

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<v Speaker 1>Chinese tech giants there and beyond. What should US policymakers

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<v Speaker 1>know about competing with China? You know, there's a lot

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<v Speaker 1>of conversations about US and China. The competition is feares

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<v Speaker 1>when you look at areas like AI and quantum computing,

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<v Speaker 1>where we are investing a lot. Uh, you know, the

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<v Speaker 1>Chinese companies are neck to neck. What I I think

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<v Speaker 1>about you know, I was encouraged by the news coming

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<v Speaker 1>out of Glasgow about the U. S. China agreement on climate.

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<v Speaker 1>To me, while we talk about all the all areas

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<v Speaker 1>where we are competing, some of the biggest areas which

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<v Speaker 1>are common challenges for all of humanity. The pandemic was

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<v Speaker 1>one AI and AI safety over time will be a

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<v Speaker 1>shed one obviously, Sustainabilities another area like that. So I

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<v Speaker 1>think these are all areas in which the countries can

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<v Speaker 1>come together. And so I think that's the way by

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<v Speaker 1>which we think about as you know, when we compete

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<v Speaker 1>on the Internet, and there may be different visions of

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<v Speaker 1>how the Internet plays out. So I see opportunities both sides.

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<v Speaker 1>What are the chances that Google Search will ever come

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<v Speaker 1>back to China or that Google Cloud would ever come

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<v Speaker 1>to China. Today we don't provide most of our signed

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<v Speaker 1>in services in China, and I don't see that changing.

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<v Speaker 1>But you know, there are ways, as I said, in

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<v Speaker 1>areas like AI or sustainability, I think there will be

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<v Speaker 1>opportunities for us to work together. Through cloud. We will

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<v Speaker 1>support multinational companies which have presents everywhere, and so maybe

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<v Speaker 1>there are opportunities to work that way as well. AI

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<v Speaker 1>is advancing at an astonishing rate, and it is hard

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<v Speaker 1>to understand sometimes what this really means in concrete terms.

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<v Speaker 1>How will our lives look different, let's say ten years

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<v Speaker 1>from now as a result of AI. You know, done correctly,

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<v Speaker 1>you know in many ways it's going to be helpful

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<v Speaker 1>to you. You'll take it for granted the same way today.

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<v Speaker 1>For example, in India, over one third of the queries

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<v Speaker 1>on many phones come through voice. That is something people

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<v Speaker 1>take for granted. You can do it so over time,

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<v Speaker 1>you'll expect to speak and be able to understand any

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<v Speaker 1>language in the world, and you know those are always

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<v Speaker 1>it's going to make it better. You may go to

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<v Speaker 1>a doctor's office and go through a scan, and the

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<v Speaker 1>system may be prioritizing for the radiologists so that they

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<v Speaker 1>don't miss some important things, maybe giving them a second opinion.

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<v Speaker 1>You know. So these are all ways in which it

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<v Speaker 1>will seamlessly start playing a role. And I think, well,

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<v Speaker 1>you know, we'll see the efforts of that you mentioned

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<v Speaker 1>if done correctly. And there are concerns. There are fears

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<v Speaker 1>that AI will replicate the worst of society, even under

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<v Speaker 1>Google's own roof. From your own researchers, what scares you

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<v Speaker 1>most about AI? What keeps you up at night? It's

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<v Speaker 1>the most profound thing we're working on as humanity, And

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<v Speaker 1>and any time you're developing technology, there is a dual

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<v Speaker 1>site to it. I think the journey of humanity is

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<v Speaker 1>harnessing the benefits while minimizing the downsides. The good thing

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<v Speaker 1>with AI s it's both going to take time. I

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<v Speaker 1>think I've seen more focus on the downsides early on

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<v Speaker 1>than most of the technology we've developed. So in some ways,

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<v Speaker 1>I'm encouraged by how much concern there is, and you're right,

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<v Speaker 1>even within Google, you know, you know, people think about

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<v Speaker 1>it deeply. We publish a lot of research that are

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<v Speaker 1>I think it's more important that there are outside academic institution, governments,

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<v Speaker 1>nonprofits looking at this issue as well. So I think

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<v Speaker 1>it's it'll it will be an issue which you will

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<v Speaker 1>have a lot of attention, which gives me a lot

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<v Speaker 1>of comfort as well. Coming up on Bloomberg Studio at

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<v Speaker 1>one point, Oh, how Google ceo is reflecting on the

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<v Speaker 1>continuous controversy it is surrounding one of its biggest rivals, Facebook,

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<v Speaker 1>And if Facebook is betting on the metaverse, what is

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<v Speaker 1>Google's next trillion dollar opportunity? More with Alphabet and Google ceo,

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<v Speaker 1>so dark Chi Coming up on this edition of Bloomberg

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<v Speaker 1>Studio at one point, Oh, stay with us. Google just

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<v Speaker 1>hit a two trillion dollar market cap, Alphabet, I should say,

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<v Speaker 1>where is the next trillion dollars going to come from?

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<v Speaker 1>You know, I've always felt, uh, you know, your market

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<v Speaker 1>cap valuation is an effect of the value you provide,

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<v Speaker 1>and I feel fortunate our mission is timeless. Uh, you know,

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<v Speaker 1>there's more need to organize information than ever before. I

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<v Speaker 1>still feel searches our biggest moon shot as a company.

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<v Speaker 1>You know, people will want radically more conversational experiences. They

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<v Speaker 1>will want what we call multimodal experiences. They may speak

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<v Speaker 1>to search, they may look at some thing and ask

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<v Speaker 1>what the information is. Being able to adapt to all

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<v Speaker 1>that and evolve, search will continue to be the biggest opportunity.

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<v Speaker 1>We are so excited about the YouTube cloud, our our

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<v Speaker 1>hardware products, school Play. So we're building a diverse set

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<v Speaker 1>of businesses. But and underlying all of it is the

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<v Speaker 1>investments we are making in AI. You know, we've invested

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<v Speaker 1>hundred billion dollars in R and D in the past

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<v Speaker 1>five years, and so applying AI in a deep way

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<v Speaker 1>is probably where we will create the biggest opportunity ahead.

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<v Speaker 1>Microsoft is making some big acquisitions. Apple's anti ad tracking

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<v Speaker 1>technology is shaking up the industry. What do you make

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<v Speaker 1>of these competitive moves. Your competitors say they're on the

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<v Speaker 1>right side of history. Are they? I look at the

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<v Speaker 1>fact that there are three billion people who have access

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<v Speaker 1>to knowledge of their fingertips. I look at the opportunity

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<v Speaker 1>we provide. I look at the skills people are learning

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<v Speaker 1>through YouTube. You know, I feel it everywhere when I

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<v Speaker 1>go talk to people and and providing access to information

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<v Speaker 1>and knowledge. I think we'll end up being on the

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<v Speaker 1>right side of history as well. Your predecessor, Eric Schmidt

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<v Speaker 1>told me that he feels the latest Facebook revelations are disturbing.

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<v Speaker 1>Google also has access to massive amounts of our data.

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<v Speaker 1>Why should half the world's population, more than half the

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<v Speaker 1>world's population trust Google to do the right thing? We

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<v Speaker 1>are trying to do more with less data. One of

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<v Speaker 1>the biggest changes we made was making order delete the

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<v Speaker 1>default setting for new users signing in, and now over

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<v Speaker 1>two billion users have their data continuously being deleted. Look,

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<v Speaker 1>we rely on trust for people. You know, every day

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<v Speaker 1>when people come to Google, uh, you know, they placed

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<v Speaker 1>their trust in us in vulnerable moments, maybe a health

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<v Speaker 1>issue in which they are trying to understand. You know,

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<v Speaker 1>there's no more important responsibility we have than doing right

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<v Speaker 1>by the trust. You know, when when we provide Gmail

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<v Speaker 1>to journ list and realize that the accounts maybe under

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<v Speaker 1>attack by by an authority in government. I mean, that's

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<v Speaker 1>what you know motivates us to make sure be privacy,

0:13:09.920 --> 0:13:13.920
<v Speaker 1>be security, be trust. We're doing the right thing. Over time,

0:13:14.000 --> 0:13:16.400
<v Speaker 1>regulation will have an important role to play here. I

0:13:16.400 --> 0:13:19.720
<v Speaker 1>think privacy regulation is important. In the areas like AI

0:13:19.840 --> 0:13:22.480
<v Speaker 1>regulation will be important, and so I think, you know,

0:13:22.520 --> 0:13:25.520
<v Speaker 1>those will be part of the answers as well. The

0:13:25.600 --> 0:13:30.000
<v Speaker 1>Facebook fallout that Instagram can be toxic two teens, for example,

0:13:30.640 --> 0:13:33.560
<v Speaker 1>has this raised more or new concerns for you about

0:13:33.559 --> 0:13:38.560
<v Speaker 1>the impact of technology, tech, addiction, algorithms, YouTube even on

0:13:38.640 --> 0:13:41.520
<v Speaker 1>our children and their development and their mental health. I mean,

0:13:41.559 --> 0:13:43.360
<v Speaker 1>you're a parent, and you also have a lot of

0:13:43.400 --> 0:13:47.560
<v Speaker 1>power over how this plays out, you know, I mean,

0:13:48.240 --> 0:13:51.760
<v Speaker 1>like you, you know, bringing kids up in this modern

0:13:51.920 --> 0:13:55.360
<v Speaker 1>digital world is something I think all parents are anxious about, rightfully,

0:13:55.440 --> 0:13:58.880
<v Speaker 1>So I think, you know, it's part of why a

0:13:58.920 --> 0:14:02.320
<v Speaker 1>few years ago when YouTube, you know, we we were

0:14:02.360 --> 0:14:05.320
<v Speaker 1>exposed to a set of concerns. You know, we invested

0:14:05.480 --> 0:14:09.480
<v Speaker 1>it became our number one priority to work hard at it. Uh.

0:14:10.120 --> 0:14:13.480
<v Speaker 1>The reason YouTube invested so much in developing YouTube Kids

0:14:13.960 --> 0:14:17.280
<v Speaker 1>as a safe destination for young children. So on, the

0:14:17.440 --> 0:14:19.840
<v Speaker 1>technology is going to play a big role in helping

0:14:20.200 --> 0:14:22.920
<v Speaker 1>give children the next wave of opportunity as well. So

0:14:22.960 --> 0:14:26.680
<v Speaker 1>the answer is to develop it responsibly. We have changed

0:14:26.680 --> 0:14:29.400
<v Speaker 1>our balance in these areas and saying we think about

0:14:29.440 --> 0:14:33.760
<v Speaker 1>content responsibility first and then the pace of development or

0:14:33.840 --> 0:14:36.800
<v Speaker 1>new features in areas like YouTube, and so that's how

0:14:36.800 --> 0:14:39.880
<v Speaker 1>we approached it for a while. Facebook and Microsoft are

0:14:39.920 --> 0:14:42.440
<v Speaker 1>all in on the metaverse. What do you think about

0:14:42.440 --> 0:14:47.000
<v Speaker 1>the metaverse? What's Google's metaphorse strategy. It's always been obvious

0:14:47.080 --> 0:14:50.520
<v Speaker 1>to me that computing, over time will adapt to people,

0:14:50.560 --> 0:14:53.640
<v Speaker 1>and people adapting to computers. You know, you won't always

0:14:53.680 --> 0:14:56.200
<v Speaker 1>interact with computing in a black rectangle in front of you.

0:14:56.880 --> 0:15:00.920
<v Speaker 1>So just like you speak to people you see interact,

0:15:01.240 --> 0:15:05.080
<v Speaker 1>computers will become more immersive. They will be there when

0:15:05.120 --> 0:15:07.840
<v Speaker 1>you need it to be. So I've always been excited

0:15:07.880 --> 0:15:12.320
<v Speaker 1>about the future of UH immersive computing, ambient computing, a

0:15:12.640 --> 0:15:16.000
<v Speaker 1>R and count as the metaverse? Is that what that is?

0:15:16.360 --> 0:15:19.800
<v Speaker 1>Metaors is? I think it means different things to different people.

0:15:20.240 --> 0:15:23.040
<v Speaker 1>The way I think about it is evolving computing in

0:15:23.080 --> 0:15:26.760
<v Speaker 1>an immersive way with augmented reality as part of that.

0:15:26.760 --> 0:15:31.320
<v Speaker 1>There will be many experiences, some of which will be immersive,

0:15:32.440 --> 0:15:36.000
<v Speaker 1>interactive virtual worlds. You know, which is which is a

0:15:36.000 --> 0:15:38.360
<v Speaker 1>meta worse concept? And you know, but I think this

0:15:38.400 --> 0:15:41.480
<v Speaker 1>doesn't belong to any company, right, I mean, this is

0:15:41.520 --> 0:15:46.120
<v Speaker 1>the evolution of Internet, and you know, the web, the Internet,

0:15:46.160 --> 0:15:49.240
<v Speaker 1>all of it will continue to evolve. Google was famous

0:15:49.280 --> 0:15:52.360
<v Speaker 1>for its campuses where you could go and never leave,

0:15:52.440 --> 0:15:55.880
<v Speaker 1>you had everything you ever wanted. Now you've said they

0:15:55.880 --> 0:15:57.760
<v Speaker 1>can be flexible, they can work from home, they can

0:15:57.800 --> 0:16:00.000
<v Speaker 1>work at the office, they can be hybrid, they can

0:16:00.000 --> 0:16:04.280
<v Speaker 1>work remotely permanently. Perhaps are you committed to really letting

0:16:04.280 --> 0:16:07.720
<v Speaker 1>them do this forever? And if so, how does that

0:16:07.880 --> 0:16:12.600
<v Speaker 1>change the future of work and society. Look, we've we've

0:16:12.920 --> 0:16:15.840
<v Speaker 1>we've really embraced that, the fact that the future is

0:16:15.840 --> 0:16:19.360
<v Speaker 1>going to be flexible. Google. We've always tried to give

0:16:20.040 --> 0:16:23.880
<v Speaker 1>you known agency to our employees, but we do realize

0:16:23.920 --> 0:16:27.240
<v Speaker 1>the importance of bringing people together, the creativity, community and

0:16:27.240 --> 0:16:29.880
<v Speaker 1>collaboration that comes with it. So the balance we are

0:16:29.920 --> 0:16:34.400
<v Speaker 1>striking as is this notion of three two and but

0:16:34.520 --> 0:16:36.920
<v Speaker 1>we're giving the strength of our companies. We have more

0:16:36.920 --> 0:16:40.920
<v Speaker 1>locations than most of the companies, so we're giving people

0:16:41.040 --> 0:16:43.840
<v Speaker 1>choice to move anywhere in the world four weeks. They

0:16:43.880 --> 0:16:48.359
<v Speaker 1>can work from anywhere. We're gonna accommodate of our workforce

0:16:48.960 --> 0:16:52.280
<v Speaker 1>to be remote over time. So we're going to embrace

0:16:52.360 --> 0:16:56.800
<v Speaker 1>that flexibility and forever forever. Yeah, And you know, we're

0:16:56.840 --> 0:16:59.760
<v Speaker 1>committed to it through it all. It forces us to

0:17:00.000 --> 0:17:03.640
<v Speaker 1>sign better products. And since people use Google workspace to

0:17:03.720 --> 0:17:05.760
<v Speaker 1>run their companies, I think gives us a chance to

0:17:05.800 --> 0:17:08.720
<v Speaker 1>innovate and bring all that out. Uh, you know, I

0:17:08.760 --> 0:17:11.600
<v Speaker 1>think there is so much value in giving people more

0:17:11.640 --> 0:17:15.400
<v Speaker 1>flexibility between their personal and professional lives. And I think

0:17:15.680 --> 0:17:18.240
<v Speaker 1>it will lead to people being happier. And I think

0:17:18.240 --> 0:17:20.520
<v Speaker 1>companies can be successful in that model. And so we're

0:17:20.560 --> 0:17:24.040
<v Speaker 1>trying to get the best of both worlds, but embrace

0:17:24.119 --> 0:17:27.239
<v Speaker 1>the flexibility and and and and see where we go

0:17:36.240 --> 0:17:38.680
<v Speaker 1>up next. The war for tech talent is down more

0:17:38.720 --> 0:17:42.159
<v Speaker 1>competitive than ever, and Google is offering more flexibility to

0:17:42.200 --> 0:17:45.840
<v Speaker 1>its workers than ever before. But Elon Musk says big

0:17:45.880 --> 0:17:49.080
<v Speaker 1>tech is a place where talent goes to die. How

0:17:49.080 --> 0:17:52.160
<v Speaker 1>to send our pati respond to that, We'll also ask

0:17:52.240 --> 0:17:56.520
<v Speaker 1>him to make a choice. That's next. This is Bloomberg Studio.

0:17:56.520 --> 0:18:09.680
<v Speaker 1>At one point out you have presided over Google through

0:18:09.920 --> 0:18:13.600
<v Speaker 1>massive social movements that reverberated in and outside the company.

0:18:13.960 --> 0:18:17.480
<v Speaker 1>What have you learned as CEO since the walkout? For me?

0:18:17.800 --> 0:18:20.560
<v Speaker 1>You know, it was it was a moment. I think

0:18:20.840 --> 0:18:23.119
<v Speaker 1>it changed the company for the better. Uh, you know

0:18:23.200 --> 0:18:26.639
<v Speaker 1>we've always been committed. It gave us an insight on

0:18:26.800 --> 0:18:30.840
<v Speaker 1>what more we could do. We undertook deep commitments and

0:18:31.760 --> 0:18:36.239
<v Speaker 1>the biggest you know, overall and diversity and inclusion. I

0:18:36.280 --> 0:18:40.320
<v Speaker 1>think if you're committed and you actually put in the

0:18:40.400 --> 0:18:43.760
<v Speaker 1>effort behind it, you can make a difference. Now we

0:18:43.800 --> 0:18:46.760
<v Speaker 1>have stated clear goals, we are on track to meet

0:18:46.880 --> 0:18:50.400
<v Speaker 1>us meet those goals. But it forced us to think

0:18:50.400 --> 0:18:54.040
<v Speaker 1>about new answers. So for example, you know, tech companies

0:18:54.160 --> 0:18:57.720
<v Speaker 1>used to talk about the pipeline problem, but we are

0:18:57.760 --> 0:19:01.520
<v Speaker 1>now going to places where the talented we're working much harder.

0:19:02.080 --> 0:19:04.920
<v Speaker 1>So going to Atlanta, going to d C, going to Chicago,

0:19:05.080 --> 0:19:09.080
<v Speaker 1>going to New York. That's improving our diversity and representation

0:19:09.119 --> 0:19:12.160
<v Speaker 1>at all levels. The war for talent is even more

0:19:12.200 --> 0:19:14.720
<v Speaker 1>competitive now in this new world. What are you offering?

0:19:14.840 --> 0:19:17.080
<v Speaker 1>Elon Musk has said big tech is a place where

0:19:17.080 --> 0:19:21.480
<v Speaker 1>talent goes to die. How do you respond to that? Okay,

0:19:22.520 --> 0:19:24.679
<v Speaker 1>I look at the fact that you know, we are

0:19:24.680 --> 0:19:27.640
<v Speaker 1>looking to hire thirty thou people next year. I look

0:19:27.640 --> 0:19:30.000
<v Speaker 1>at the impact we have on many people coming and

0:19:30.040 --> 0:19:34.480
<v Speaker 1>working uh in the latest cutting edge things, and many

0:19:34.480 --> 0:19:36.760
<v Speaker 1>people come and people leave Google. We are proud of

0:19:36.760 --> 0:19:38.719
<v Speaker 1>people who have left Google that are I think there

0:19:38.720 --> 0:19:42.480
<v Speaker 1>are over two thousand companies that have been started by

0:19:43.040 --> 0:19:46.480
<v Speaker 1>whom we call as zooplers. I'm equally proud of that, right.

0:19:46.560 --> 0:19:51.280
<v Speaker 1>I think we are one part of a big, big system,

0:19:51.440 --> 0:19:54.919
<v Speaker 1>and you know, I think I think I'm proud of

0:19:55.240 --> 0:19:58.520
<v Speaker 1>the role we playing bringing in people and the impact

0:19:58.600 --> 0:20:00.840
<v Speaker 1>they have over time. And that was said, world, All right,

0:20:00.920 --> 0:20:02.600
<v Speaker 1>that's most of the heavy stuff out of the way.

0:20:02.640 --> 0:20:04.520
<v Speaker 1>We're gonna do some rapid fire just to get to

0:20:04.520 --> 0:20:07.720
<v Speaker 1>know you a little bit better. Um, you said you'd

0:20:07.720 --> 0:20:09.760
<v Speaker 1>pick up some new hobbies in the pandemic. What did

0:20:09.800 --> 0:20:14.600
<v Speaker 1>you start? You know, pizza? Uh, you know, cooking pizza,

0:20:14.880 --> 0:20:16.639
<v Speaker 1>just learning to cook, which I was never good at.

0:20:17.000 --> 0:20:21.720
<v Speaker 1>I've gotten a little bit better. Cricket or soccer slash football. Wow,

0:20:21.760 --> 0:20:26.600
<v Speaker 1>it's tough both, Please don't make okay? Um Square game

0:20:26.760 --> 0:20:31.440
<v Speaker 1>or ted Lasso. I watched both. Ted Lasso is much

0:20:31.480 --> 0:20:34.120
<v Speaker 1>more common, you know, and so I'd rather take ted

0:20:34.200 --> 0:20:36.639
<v Speaker 1>Lasso for word scoot games anyday. I know you're a

0:20:36.720 --> 0:20:39.639
<v Speaker 1>voracious reader. So what's the last good book that you read?

0:20:39.960 --> 0:20:43.080
<v Speaker 1>You know, I've I've been on a podcast bench, so

0:20:43.160 --> 0:20:46.439
<v Speaker 1>a lot more podcasts than books nowadays. Okay, favorite videos

0:20:46.440 --> 0:20:49.240
<v Speaker 1>you watch on YouTube with your kids, a lot of

0:20:49.320 --> 0:20:54.639
<v Speaker 1>music videos. Music videos. Uh, this whole notion where creators

0:20:54.640 --> 0:20:57.560
<v Speaker 1>are watching other things and commenting on it. It's a

0:20:57.640 --> 0:21:00.280
<v Speaker 1>trend which my kids are really into and I kind

0:21:00.280 --> 0:21:02.719
<v Speaker 1>of gotten used to it now, so you know, watching

0:21:02.760 --> 0:21:07.080
<v Speaker 1>other games. Let's as some phenomenon screen time policy that's

0:21:07.119 --> 0:21:09.600
<v Speaker 1>worked for you as a parent, and what's what's not worked.

0:21:10.680 --> 0:21:14.240
<v Speaker 1>You know, I've kind of given agency to my kids.

0:21:14.760 --> 0:21:17.400
<v Speaker 1>The only thing I tell them is that I can

0:21:17.440 --> 0:21:20.280
<v Speaker 1>look at their digital well being once in a while

0:21:20.320 --> 0:21:24.000
<v Speaker 1>with them, and and so that I asked them to

0:21:24.000 --> 0:21:26.000
<v Speaker 1>show it to me and they show it on their phone.

0:21:26.119 --> 0:21:29.320
<v Speaker 1>So um, you know, so that that's pretty much the

0:21:29.359 --> 0:21:32.840
<v Speaker 1>only thing. So beyond that, you know, it's agency and

0:21:32.840 --> 0:21:35.639
<v Speaker 1>and uh, you know, talking to them about it and

0:21:35.680 --> 0:21:38.600
<v Speaker 1>making sure we're spending time doing other things and making

0:21:38.600 --> 0:21:42.560
<v Speaker 1>sure they develop good habits. Basically, um, metaverse or real

0:21:42.600 --> 0:21:46.680
<v Speaker 1>world done correctly. You know, you shouldn't you shouldn't feel

0:21:46.880 --> 0:21:48.560
<v Speaker 1>feel the need to make a choice. You know, you

0:21:48.600 --> 0:21:51.280
<v Speaker 1>always want to be present in the real world, and

0:21:51.320 --> 0:21:54.280
<v Speaker 1>when you feel the need to do something, you want

0:21:54.280 --> 0:21:56.600
<v Speaker 1>to do that. But you know, I do think presents

0:21:56.680 --> 0:21:59.359
<v Speaker 1>and the realness of the real world will end up

0:21:59.359 --> 0:22:01.560
<v Speaker 1>mapping for him once for a long time. Do you

0:22:01.560 --> 0:22:05.679
<v Speaker 1>own any crypto? H? I wish I did. I've dabbled

0:22:05.720 --> 0:22:08.359
<v Speaker 1>in it, but you know, in and out, in and out, okay,

0:22:08.760 --> 0:22:11.719
<v Speaker 1>um larreyn sergain. I'm not gonna make you choose. How

0:22:11.760 --> 0:22:14.480
<v Speaker 1>many times do we ta talk to them? Uh? You know?

0:22:14.520 --> 0:22:18.399
<v Speaker 1>I I talked to them regularly. Uh. You know. It

0:22:18.520 --> 0:22:21.680
<v Speaker 1>kind of ebbs and flows, uh, you know. And so

0:22:21.800 --> 0:22:24.560
<v Speaker 1>there are times we get excited about something and we

0:22:24.560 --> 0:22:26.240
<v Speaker 1>spend a lot of time talking it through. But it

0:22:26.280 --> 0:22:29.640
<v Speaker 1>depends on you know, what would I need? A piece

0:22:29.640 --> 0:22:32.240
<v Speaker 1>of advice you wish you had in your twenties and

0:22:32.280 --> 0:22:34.280
<v Speaker 1>a piece of advice you wish you had in your forties.

0:22:35.760 --> 0:22:39.159
<v Speaker 1>Twenties would be, you know, being patient. Um, you know,

0:22:39.280 --> 0:22:41.600
<v Speaker 1>I think when you're young, you're very impatient, which is

0:22:41.640 --> 0:22:44.920
<v Speaker 1>a great thing. But sometimes you do amazing things by

0:22:44.960 --> 0:22:47.880
<v Speaker 1>slowing down and being really focused and doing it over

0:22:47.920 --> 0:22:50.919
<v Speaker 1>a period of time. And so I would advise the

0:22:51.000 --> 0:22:53.080
<v Speaker 1>young you know, the younger version of me, to be

0:22:53.480 --> 0:22:56.560
<v Speaker 1>more patient. Maybe at forty, I would say, you know,

0:22:56.560 --> 0:22:59.399
<v Speaker 1>when I look at climate and I want want all

0:22:59.440 --> 0:23:01.720
<v Speaker 1>of us to be patient. So you know, I feel

0:23:01.760 --> 0:23:03.960
<v Speaker 1>like when there's an urgency to its something, and I

0:23:04.000 --> 0:23:06.719
<v Speaker 1>think the world needs to be impatient. So that's advice

0:23:06.720 --> 0:23:08.879
<v Speaker 1>I would give to an older version of me. How

0:23:08.960 --> 0:23:11.280
<v Speaker 1>much do you personally wrestle with the decisions that you

0:23:11.359 --> 0:23:14.720
<v Speaker 1>have to make? And how much longer do you see

0:23:14.720 --> 0:23:17.159
<v Speaker 1>yourself being the CEO of Alphabet not just Alphabet but

0:23:17.240 --> 0:23:21.280
<v Speaker 1>also Google. Yeah, on the look on the first one,

0:23:21.720 --> 0:23:24.159
<v Speaker 1>there are moments we all have to make tough decisions,

0:23:24.240 --> 0:23:27.280
<v Speaker 1>and you know, and some decisions way on me and

0:23:28.160 --> 0:23:30.240
<v Speaker 1>but I it's a privilege to do it. I have

0:23:30.400 --> 0:23:33.080
<v Speaker 1>very good people helping me think, think things through. So

0:23:33.600 --> 0:23:36.320
<v Speaker 1>I think the combination makes it all, you know. Fine,

0:23:37.160 --> 0:23:40.800
<v Speaker 1>On the second thing, I am look at I'm so

0:23:41.000 --> 0:23:43.840
<v Speaker 1>energized by the things we need to do. You know,

0:23:43.880 --> 0:23:47.080
<v Speaker 1>I didn't have much access to computing growing up. It

0:23:47.240 --> 0:23:50.280
<v Speaker 1>changed my life a lot. The one laptop or child

0:23:50.280 --> 0:23:53.440
<v Speaker 1>goal really motivated me to come into technology. And and

0:23:54.080 --> 0:23:57.119
<v Speaker 1>when I look at last week US launching an affordable

0:23:57.160 --> 0:24:00.240
<v Speaker 1>smartphone in India, the chance to bring the next Relion

0:24:00.359 --> 0:24:03.760
<v Speaker 1>uses in Asia and in Africa online, that gives me

0:24:03.800 --> 0:24:07.760
<v Speaker 1>a lot of energy we'll be watching from Afar Sundar Pacha.

0:24:07.800 --> 0:24:10.200
<v Speaker 1>I thank you so much for joining us. It's question

0:24:11.960 --> 0:24:15.040
<v Speaker 1>mine are not I have four so nine six four two.

0:24:15.520 --> 0:24:17.240
<v Speaker 1>I don't know how you do it. I heard what

0:24:17.320 --> 0:24:22.040
<v Speaker 1>you told. I'm all rodging about developing good responsibility for

0:24:22.040 --> 0:24:25.439
<v Speaker 1>your kids in their own tech habits, and so it's like, okay,

0:24:25.600 --> 0:24:29.320
<v Speaker 1>it sounds like it's like a good approach, and it

0:24:29.320 --> 0:24:31.520
<v Speaker 1>feels like you're giving them more agency, but you also

0:24:31.560 --> 0:24:34.639
<v Speaker 1>have some control. Yeah, and you know it's a battle.

0:24:34.640 --> 0:24:36.879
<v Speaker 1>I don't want to take get it right, but you know,

0:24:36.960 --> 0:24:39.800
<v Speaker 1>I think they also need to be savvier. I think

0:24:39.840 --> 0:24:44.359
<v Speaker 1>every generation feels so uncomfortable that the next generations shift

0:24:44.440 --> 0:24:48.200
<v Speaker 1>and every way. But um, like, if you don't make

0:24:48.240 --> 0:24:50.520
<v Speaker 1>them native and figure it out, I think because they

0:24:50.560 --> 0:24:53.080
<v Speaker 1>have to solid one day without you. But yeah, I

0:24:53.119 --> 0:24:55.800
<v Speaker 1>get stressed out to like everyone else. My kids were

0:24:55.800 --> 0:24:58.280
<v Speaker 1>so excited they discovered Google docs, and they would think

0:24:58.280 --> 0:25:00.679
<v Speaker 1>they were being so devious and davous. They would say

0:25:00.680 --> 0:25:04.560
<v Speaker 1>hello and they'd send a doc, like laughing hysterically and

0:25:04.680 --> 0:25:09.680
<v Speaker 1>like all right, okay, so many more possibilities. But I'm

0:25:09.680 --> 0:25:22.560
<v Speaker 1>comfortable with that level of engagement. Bloomberg Studio One point

0:25:22.560 --> 0:25:25.560
<v Speaker 1>Oh is produced by Lauren Ellis and edited by Matt Soto.

0:25:25.880 --> 0:25:29.399
<v Speaker 1>Our managing editor is Daniel Culbertson. Special thanks for this

0:25:29.480 --> 0:25:34.040
<v Speaker 1>episode to Mallory Abelhausen, Catherine Glass, and Stephen Craig. If

0:25:34.080 --> 0:25:36.680
<v Speaker 1>you like Studio one point Oh, please subscribe and leave

0:25:36.720 --> 0:25:40.440
<v Speaker 1>a review. They really help and I love reading them.

0:25:40.520 --> 0:25:43.200
<v Speaker 1>Hi'm Emily Chang, your host and executive producer.