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THE VIDEO SHELF · big tech innovation

Thiel: Google has $50B, doesn't innovate

A short CNN clip of Peter Thiel telling Google chairman Eric Schmidt that Google has huge cash reserves and does not know how to invest them. Thiel argues this signals a lack of innovation.

Why HN readers recommended it

HN reaches for it whenever big tech cash hoarding, buybacks or stagnating innovation come up.

This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.

Video & recommendation details

Creator / channel
CNN
Topic
big tech innovation
Format
interview
Level
general
HN recommenders in dataset
2
HN mentions in dataset
10
Recommendation years in dataset
2017–2023

These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.

From the original HN conversations

Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.

  • It's not so much about tax rates and I haven't looked into it too deeply - although I'm sure the big companies hire the best accountants to use every loophole in existence. I am referring to this: [LINK] Companies should not be allowed to simply …

    alexashka on Hacker News · 2017-09
    In People Don’t Actually Want Equality, They Want Fairness
  • Is no one going to talk about the hypocrisy? Eric Schmidt isn't a beacon of sensible innovation pushing America forward. Peter Thiel called him out eight years ago [1] and I strongly encourage you to watch the 4 min clip. [1] - [VIDEO]

    heimatau on Hacker News · 2020-09
    In Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

Summaries, classifications and recommendation records are from the HackerTube source dataset. Read about this library and its limitations.