Google (GOOGL)’s former CEO and chairman Eric Schmidt says Google fell behind on AI because of remote work.
“Google decided that work-life balance and going home early and working from home was more important than winning,” Schmidt said during a talk at Stanford University in July, responding to a question about why startups such as OpenAI are leading in AI innovation. “And the reason startups work is because the people work like hell.” The His remarks were first reported by Fortune.