Google CEO Discusses Keeping Innovation Alive By Encouraging Risks
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Pichai discussed the challenge of keeping a large company like Google innovative against startups and the tendency for successful companies to become more risk-averse. He's trying to incentivize risk-taking and effort over outcomes.
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Pichai pointed to Google's ill-fated Google Glass as an example of a past risk that didn't pan out commercially but experimented with augmented reality early on.
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Google is bringing back "Google Labs" to make it easier for teams to quickly prototype ideas without the burden of building full Google products.
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Pichai is excited about multimodal AI models like Gemini 1.5 that can process different data types like video and text simultaneously.
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He sees promise in chaining LLMs together to tackle workflows and processes, using AI to make things like hospital billing systems smarter.