"um this is a it's always an exciting time at Stanford it's a particularly exciting time because I think this is by far the best time to be graduating not the worst let me tell you that change happens ..."

"you all so that's why I was happy to come and talk what I wanted to do is talk for a few minutes about the political environment the business environment and then and then really talk about ideas and ..."

"and I would tell you and hopefully without offending anyone that real value is created by by building real businesses that do new things that matter to everyone at any level of society and that one of..."

"and then there is an ascendant couple of years a re-election and so forth the worst case scenario is that the incentives and the structure and the political structure that is always in place in every ..."

"now which is causing some real harm so the new idea is that transparency is the best defense against bad decisions and if I can send one sort of non-technical message is that if you can talk about tra..."

"reform of Institutions so so talking now about technology and how how all this plays in what are some examples of things that could use some change what are some things that have been around for a lon..."

"a thousand more of all of this faster networks more data storage and all of that so what does that mean I mean an example would be that that this this 18-year-old give you know on on his or her high s..."

"because Google was built on PCS the dean talked about founding it at Stanford why did Larry and Sergey use PCS because they were cheap at the same time people were using supercomputers and minicompute..."

"the cycle there are many many examples and you all you all are very smart you can think about what would you do if you could sort of watch and you have to do it with permission of course what people a..."

"certainty so following that lead when you when you have all that data what could you do with it well my favorite one is is the the politician's BS detector right politician is speaking right we're all..."

"it but that's the kind of stuff that you can do when you move to this new model so we're talking about phones everybody here has a phone I suspect you all have them with you right now many of you have..."

"behavior so for purposes of argument I love history so as I'm walking around since it knows where it is why doesn't it just do a search to tell me the history of every building that I pass and I'll le..."

"who've never had a phone before we've never heard their voices we've we don't I don't speak any of their languages uh we don't know what they're going to say to us but they're going to be heard heard ..."

"every single idea that he's had has come by finding the new idea how could we use that here here at Stanford for example well rather than having a textbook will give you a set of queries this is obvio..."

"but the explosion of user what is generally known as user to user user content or user generated content is not something that's going away and whether it's Facebook YouTube all the Dig and Twitter se..."

"today um remember what I looked for yesterday and then suggest something I should look for today uh tell me what my friends are looking at again if they are willing to tell me I suspect most would but..."

"called it publicly the sewer problem um of the internet uh when we worked and I was privileged to work on the very beginnings of the internet way way back as a very young programmer it never occurred ..."

"involvement to really show you the very best parts of the web so in this model advertising Remains the is likely to remain the primary source of revenue for much of the monetization here of course Goo..."

"with this sort of approach so if you imagine that then think about the integration the historic separation between Enterprise and consumer in Computing doesn't make a lot of sense um people are the sa..."

"magazine that seems like an odd I'm not talking about magazines and the internet are the same thing but there's a reason why magazines work really well they're beautiful they're the right size you can..."

"pretty much all online over a long enough period of time because of costs primarily so what does this mean what's the new thing you can do well the most obvious one is you can have live concerts strea..."

"so what happens then to content well if you have something where your audience is going to be two billion you're going to use advertising if you have something where your audience is going to be 2 mil..."

"hard I'll finish up finish up in a sec why is this so very hard well almost everything I've talked about there's an incumbent who's really struggling now I as a young scientist I used to think well yo..."

"with that thank you very much we have a question thank you um you spoke about your uh naivity at the start of the internet the worldwide web and uh many of the physicists who created nuclear science w..."

"now um so they're cheap you can get a new one real quick get a new one but I'm just wondering you know so how do you feel about the fact that you could be creating you know a super weapon of control a..."

"the net is decentralized more questions yes sir you talked a lot today about uh the power of using a person's past Behavior or past expressed interest in uh providing more precise content uh results u..."

"is I think what you're really getting at ultimately the products that I'm talking about will have a serend deputy section and a highly targeted section to allow you to make the choice of do I want to ..."

"hi I'm uh curious what you view as the significance of a search query in itself um what it can tell you about the world around us is it predictive of behavior is there some great social meaning or doe..."

"let's use the example of Iceland uh which is a a Sor beautiful place with a sari banking system at the point when Iceland's B stock market was three quarters valued with three banks that was too late ..."

"so I'm not arguing that technology solves these problems because I view these problems as fundamentally political what I am arguing is that technology allows the citizens who are ultimately the victim..."

"right now another example is that much of the government operates publicly but without a lot of access because people don't know that they have to go to the the um conference room so another thing tha..."

"Google's case that's the setup for what Google is doing which is around the smart grid and simple answer there is that if you look at power distribution the most expensive power is the peak power whic..."

"model last question U thank you very much for your talk sure uh much of what you said strikes me is talking about kind of the services that Google provides and I think a lot of the questions are aroun..."