Schmidt said he sees a balance eventually coming with society and governments coming to terms on how to regulate the collection of information. The end result, he said, will be that computers will be able to do what they are good at–store and recall information, while humans focus on intuition and problem solving.
“That separation of power is a reasonable one,” he said.
On balance, Schmidt said that technology is good, but he said that the only way to manage the challenges is “much greater transparency and no anonymity.”
Schmidt said that in an era of asymmetric threats, “true anonymity is too dangerous.”