<ul><li>Eric Schmidt, former CEO of Google, took responsibility for Google's failure to capitalize on social media</li><li>Schmidt admitted that during the rise of Facebook, Google missed the opportunity to effectively execute on social media</li><li>He acknowledged the success of Google's Orkut system but regretted not capitalizing on it</li><li>Schmidt emphasized the importance of AI and expressed his fear that it may not be adopted fast enough to address global problems</li></ul>

‘We missed social media, and I take the blame,’ says former Google CEO

Discover more