we get an inside look tonight from authors eric schmidt and jonathan rosenberg in conversation with former googler marissa mayer now c.e.o. of yahoo.

. ♪ >> man: tonight we explore the ideas of google chairman eric schmidt and his colleague jared cohenn their book, "the new digital age." they write in compelling and personal terms about the impact of technology today and the implications for tomorrow. our moderator is bestselling author and facebook chief operating officer sher

eric schmidt, chairman of google, recently said that amazon is their biggest rival in search.ley: to qualify, he made the comments during an eu antitrust meeting. [laughter] there was an incentive to highlight the competition, obviously. but i think there is some truth to it in this case. the nature of search is changing. if you were to search for an item to buy from an e-commerce search on amazon, you know where the reviews are, you know the category it is in, you know how to select prime or not. you do not get those features. now, google is doing something interesting. they are taking on this endeavor called google shopping express, which i cannot make the math work. i am waiting for someone in the press to follow around one of these vehicles and add up how many stops. i don't see how it can work. emily: and they are also trying to do delivery drones as well. gurley: don't get me started on drones. i think the drones and the self-driving cars are a distraction to keep the media from talking about the topics we just talked about. emily: you are not a fan of it? gurley: i find

. ♪ >> man: tonight we explore the ideas of google chairman eric schmidt and his colleague jared cohenn their book, "the new digital age." they write in compelling and personal terms about the impact of technology today and the implications for tomorrow.

when i talk to eric schmidt.t's like, no, no, actually we normally think about these as three to five year -- they weren't using the word tour of duty -- but like three to five year stints, where the person actually learns a job, achieves something significant, proves himself at the end of the job, and then goes on to do something else. ebay focuses a lot on how do we bring the relationships of all the folks who have graduated from ebay and paypal together. and they have the external network tied in. but even, for example, places like ge, in terms of what they used to do -- and they still do -- for executive rotation. but also, how do you then groom all kinds of stars to be an executive at this, you know, huge industrial conglomerate? emily: what does silicon valley get that other industries don't yet? reid: silicon valley understands that r&d is not just -- like, we hole up in a lab and we invent something, and then -- then, 'tada! there it is.' that actually being present and active in what is going around in t

we get an inside look tonight from authors eric schmidt and jonathan rosenberg in conversation with former googler marissa mayer,

he rode one with google chairman eric schmidt. he called it incredible. little influence over research. >> excellent point. i was going to say elon musk will probably be listening very carefully. >>> ready for game 5. we most certainly are. there's a live look inside oracle arena, where you can probably hear a pin drop. right now those stands are empty, but tonight will be the polar opposite. fans will be packing oracle for game 35 of the playoff series against the grizzlies. right now that series all knotted up at two games apiece. >> game 6 back in femme fills, and if necessary, game 7 will be back in oakland on sunday. do you think tree bring it back again? >> i know they will. mid court, a couple rouse back. >> you're not picky. >> i'm also not able to afford it. >>> we give you a live look outside, sunrise this morning, christina loren, she's got her yellow on. >> oh, for sure, for sure. >> really want to see them take that championship home. 6:18. maybe we can get some crowd sharing going. >> there you go. >> silicon valley, big things happen on the

and talking to eric schmidt the other day, he said, you cannot retire. i said, why not? he said, you're only half done. we have 3 billion people, but we have 4 billion people to go. i could use some help in case any of you are interested. we really need to help countries recognize the importance of investment in internet structure for the benefit of their citizens. that is the fifth and last point of my internet policy. since i am out of time, i will stop there. i will turn the floor over to you to ask willing questions. thank you. [[applause] >> thank you, very much -- thank you very much. they internet was created by darpa but no one really owns the internet. is it possible that a multi-stakeholder governance can work? vint cerf: that was a nice you've me. he is right. darpa did sponsor this initially. the answer is yes. how can i possibly prove this? we turn the internet on in 1983. do the math. how long ago was 1983? 32 years. who do you suppose was actually running it at that point? it was not the defense department. i was sitting ducks of -- i was sitting -- i was

at google my job is to get more internet built all around the world and in talking to eric schmidt the other day, he said, you know, you can't retire. and i said why not? he said well you're only half done. you have 3 billion people up. you have another 4 billion people to go. so i could use some help in case any of you are interested. we really need to help countries recognize the importance of investment in internet infrastructure for the benefit of their citizens, and so that is my fifth and last point on policy and since i am clearly over time, i will stop there mr. chairman and turn the floor over to you to ask grilling questions. thank you. [ applause ] >> thank you. thank you very much. the internet was created by the u.s. defense advanced research project's agency or darpa and now it is global yet no one really owns the internet. is it possible that a multistakeholder governance environment can actually work? >> boy that was a nice gimme. thank you for that one. first of all he's right. darrpa did sponsor this initially. the answer is absolutely yes and how can i possibly prove

talking to eric schmidt he said u.k.nd to retiree age you are only half-dozen three -- julie have 3-1/2 billion people and have another 4 billion to go. i can do is help to recognize countries of the development of internet infrastructure for the benefit of their citizens so that is my last point on policy and i am over thai man will stop there and turn the floor over to you. the key oh. [applause] >> the internet was created and now it is:nobody owns it is impossible in multistate colder governance inquiry can actually work? >> you are right to initially, this was sponsored by iana we turn this on the 1983 how long ago was that? thirty-two years. who'd you suppose was actually running it? it was not the defense department actually my colleagues or at universities and in the private sector running and building and operating pieces of the internet and it has been that way ever since it has always been the private sector role of course, it has pieces of its own so does the national science foundation and nsf. actually star

erik: eric schmidt was here a couple of years ago and we were talking about the four horsemen.acebook. the question then was whether twitter would evolve into a platform that could become the fifth horseman. right now it seems like there is no chance that twitter is going to evolve into that company. their growth has begun to flatline and there are serious questions about their strategy. stephanie: it's crazy, their management cannot seem to monetize the juice. erik: you have known the cfo and worked with him at goldman sachs. if i'm not mistaken you might have even hire the guy. can he fix what's broken that twitter? michael: he has a very important role at twitter. in the time that he has been there he has taken on additional responsibilities be on the cfo role and he is also a very key part of the executive team that has had a fair number of changes on the product side in terms of communicating with investors with wall street. twitter is again one of those companies that absolutely has a tremendous amount of potential. no question the amount of impact they had globally on th

and talking to eric schmidt the other day, he said, you cannot retire. i said, why not? he said, you're only half done. we have 3 billion people, but we have 4 billion people to go. i could use some help in case any of you are interested. we really need to help countries recognize the importance of an internet infrastructure for the benefit of their citizens. that is the fifth and last point of my internet policy. since i am out of time, i will stop there. i will turn the floor over to you to ask grilling questions. thank you. >> thank you very much. the internet was created by the u.s. defense advance research projects agencies or darpa. now it is global. no one owns the internet. is it possible this will work? >> first of all, darpa did sponsor this initially. the answer is absolutely yes. we turned the internet on on january 1st, 1983. 32 years. now who do you suppose was actually running it at that point? it wasn't the defense department. i left and was at mci at the time. my colleagues were parts of universities and in the private sector, running and building and op

$11 million she has made since 2014 known speeches, the$.2 million from the tech industry and eric schmidtmark zuckerberg instrumental in getting president obama elected and now she has the same ties in silicon valley and issues with this? >> if you look at speaking fees we expect 6 politicians to hit the lecture circuit and that is fine but when you see vastly inflated fees it raises this question, are the speaking fees or what are called influence payments? are you paying somebody a lot more than the market will bear because you want to have a strong relationship, put money into their pockets? that is the concern i have. >> the answer is obviously yes. i tell you if you give me just $10000 i will always answer your questions. but this is the sad part about money in politics. it is a matter of degree getting bigger and worse. >> it is and we expect our politicians to have some sense of restraint and some of them do. when you look at the numbers with the clintons you're talking speech in, over $100 million. we are not talking about putting away 5 to $10 million for the grandchild, talking

>> i was in london about a month and a half ago with eric schmidt of google. resentment to american companies with their own values and privacy, having all the data being so dominant. there's two things at work here. first of all, these are noneuropean companies that seem to control a whole lot of what the market is going to -- trading markets, you know how you can sell things. secondly, there's a different sense of privacy in data there, the right to be forgotten is a big thing there. and i think that we have to put ourselves in their shoes. imagine if there were a chinese company that controlled all of our search and had all of our data. for that matter even a german one that did. i think part of it is legitimate, you know questions. >> sure. >> some of it is just sentiment, almost a worrying about american companies dominating the internet. >> evan? >> i think a lot of it it's tough to talk about, but a lot of it is envy. what i mean by that is europe has failed with the exception of s.a.p. nokia had a run at it for a while while. i had a company, it was a