- "Robots will become omnipresent in our lives in a good way," and in doing so will "replace a lot of the repetitive behavior in our lives," says Eric Schmidt (GOOG +0.3%) during a conference talk.
- Google has acquired a slew of robotics startups, put ex-Android chief Andy Rubin in charge of a new robotics unit, and is reportedly talking with Foxconn about using robots to automate manufacturing tasks.
- Schmidt also declares artificial intelligence will be "the biggest thing" going forward. "Technology is evolving from asking a question to making a relevant recommendation." He has previously suggested Google Now's A.I. tech could be used for enterprise analytics tasks.
- Meanwhile, sales chief Nikesh Arora predicted during a Morgan Stanley conference talk (transcript) that Google's mobile monetization will surpass its PC monetization over the long haul. "The reason I believe that is that you have so much more information and so many more signals when it comes to mobility."
- Thus far, the mobile shift has fueled an acceleration in Google's paid click growth, but has also pressured its ad prices.
- Arora adds that mobile queries for products/services tend to be more precise than PC queries - "Mobile devices lend themselves less to exploration and more towards intent" - and asserts users are becoming comfortable "having a set of payment credentials associated with their device that allows them to buy across their device."