Summary: In pursuing their primary societal goal, Larry Page does not shrink from Google´s altruistic principles as they invest the money “that is spouting from its search advertising business to stake out positions in boom industries of the future, from biotech to robotics.” Page estimates that only about 50 investors are chasing the real breakthrough technologies that have the potential to make a material difference to the lives of most people on earth. He sees Google as one of them, because they have the resources to do it. Google is also conscious of long-term issues such as education and housing. Self-driving cars and the diseases that afflict older people will be tackled through the new biotech arm called Calico which has ploughed hundreds of millions of dollars of its own into the area. Further questions Page raises: How do we organise people and democracies, and how do we motivate people?
Author: Richard Waters, Financial Times
Language of Article: English
Publishing date: 2014, October 14