5 Tech Predictions for 2014 From Google’s Eric Schmidt

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Google (NASDAQ:GOOG) Chair Eric Schmidt sat down for an interview with Bloomberg Monday, offering rare insight into what one of the world’s largest tech companies envisions for the year 2014. This past year has certainly been a big one for the Mountain View, California-based tech giant, as it not only celebrated its 15th birthday but also established a presence in more than 40 countries with 70 offices — however, Schmidt maintained confidence Monday that 2014 will be even more noteworthy for Google, and it is all thanks to the ever evolving landscape of technology. Here are the five big predictions Google’s Chair is making for 2014 via Bloomberg Television.

1. Everyone’s going to have a smartphone

It doesn’t take a rocket scientist to predict that soon enough, everyone will have a smartphone, but Schmidt felt it necessary to kickoff his forecasts with this foresight nonetheless. Tech companies like Google and Apple (NASDAQ:AAPL) have definitely recognized this year that now everyone — not only those who have a lot of money to throw around — want to cash in on the smartphone game, and that’s why more and more companies are coming out with devices that appeal to customers across the board and don’t have to break the bank.

Schmidt says that with the evolution of more consumers connected with smartphones, tech companies will continue turning out new generations of applications, and ways to take advantage of the new technology for entertainment, education, social life, and more.

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