Ouch

Peter Thiel kills Google's Eric Schmidt in a debate over what Google is.

I did not know Google is hoarding $50 Billion in cash - that they have no clue how to spend.  Thiel tries to get Schmidt to admit Google is no longer a tech company -- because they have zero new ideas.  Ouch.  The proof is in the pudding -- Google no longer makes new products, they just tinker endlessly and pointlessly on the existing ones (like blogger).

Google is a utility now.

IDEA:  Maybe they could pay down our Iraq/Afghanistan War debt.