Google’s Schmidt Sees Genetics Advances, No Alphabet Breakup
- Alphabet Chairman speaks at Bloomberg Breakaway conference
- Sees ‘tremendous optimism’ around scientists and thinkers
Eric Schmidt: Alphabet Is Unlikely to Break Up
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When Alphabet Inc. Chairman Eric Schmidt looks to the near future, he sees breakthroughs in health and technology that will change the world.
For example, Schmidt said he’s looking forward to advances in genetics, thanks to technology that will improve gene sequencing, and more personalized and efficient health care as the medical world becomes increasingly digitized. Speaking at Bloomberg’s Breakaway conference Wednesday in New York, Schmidt also said Alphabet, the holding company that owns Google and other businesses including Nest and Fiber, will probably never break up and its job is to seek out transformative solutions.