Google's Eric Schmidt Talks to Charlie Rose

How does Google see the future?
There's such an overwhelming amount of information now, we can search where you are, see what you're looking at if you take a picture with your camera. One way to think about this is, we're trying to make people better people, literally give them better ideas—augmenting their experience. Think of it as augmented humanity.

What's the challenge from Facebook and social networking?
At the moment, the two companies coexist quite well. But social networking is important, and Facebook is a consequential company. The more we know about what your friends do, with your permission—and I need to say that about 500 times—we can use that to improve the experience of getting information you care about. We're actually building social information into all our products.