Google's former CEO says the tech giant is losing out to OpenAI and Anthropic because staff are working from home
Briefly

Eric Schmidt pointed out that Google's work-from-home policy has negatively impacted its ability to compete in AI, emphasizing that startups thrive on dedication.
During the lecture, Schmidt stated, "Google decided that work-life balance and going home early and working from home was more important than winning." He critiques this policy.
Schmidt commented on the need for a strong on-site presence for building competitive tech companies: "If you want to compete against other startups, remote work is not viable."
Read at Business Insider
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