Will do well only if others do well, Pichai rejects 'powerful Google risks'

Sundar Pichai

Google CEO Sundar Pichai on Wednesday said the company will do well only if others alongside it do well as he dismissed any risks from the tech giant becoming too powerful.

"With our scale rightly comes scrutiny. Yes, we've bought start-ups, but we also invest every year in hundreds of start-ups through our venture arms," he said at the WEF 2020 in a conversation with World Economic Forum Founder and Executive Chairman Klaus Schwab.

Schwab asked him whether there is a risk that Google may become too powerful.

"We will do well only if others do well alongside us," Pichai answered.

Asked about Google's future plans, he said Alphabet has the flexibility to have different structures to allow it to take a long-term view, working on how technology can improve people's lives further into the future.

Pichai is also CEO of Google's parent Alphabet.



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel