Google Executive Eric Schmidt Talks 2014 Plans 'Mobile Was Wining. It's Now Won'

Google's executive chairman Eric Schmidt sat down for an interview with Bloomberg TV where he discussed the company's future plans for 2014. In the interview, he revealed that the company's future lies in mobile.

"Everyone is going to have a smartphone," Schmidt said during the interview. "The fact that so many people are connected to what is essentially a super-computer means a whole new generation of applications around entertainment, education, social life... those kinds of things."

He noted that smartphones and tablets are already outselling traditional PCs in both laptop and desktops.

"The trend has been that 'mobile was winning,'" he continued. "It's now won."

He even discussed the biggest trend that he missed as an executive at Google.

"The biggest mistake that I made was not anticipating the rise of the social networking phenomenon. Not a mistake we're going to make again," he said. "I guess in our defense, we were bust working on many other things, but we should have been in that area and I take responsibility for that."

Schmidt's conversation was not limited just to what the future will be like for smartphone technology. He discussed a wide range of topics that Google is concerned with in the coming year, some practical, some right form science fiction.

"The biggest disruptor that we're sure about is the arrival of big data and machine intelligence everywhere. The ability to find people and talk specifically to them to judge them to rank what they're doing and decide what you're doing with your products changes everything globally, he said. "The biggest disruption that we don't really know what is going to happen is probably in the genetics area. The ability to have personal genetics records and the ability to start gathering all of the gene sequencing into places will yield discoveries in cancer treatment and diagnostics in the next year that are unfathomably important."

You can check out the full interview video HERE via Bloomberg TV. Take a look and tell us what you think about the direction of Google in the new year? Comment and share your thoughts with us below.

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