Steal TikTok then: Former Google CEO Eric Schmidt's advices to Stanford students causes stir | WATCH

New Delhi: Former Google CEO Eric Schmidt has sparked significant debate with his controversial remarks to Stanford University students, advising startups to prioritize rapid growth over adhering to intellectual property rights. Schmidt suggested that young entrepreneurs should not hesitate to replicate successful platforms like TikTok and address any ensuing legal battles only after achieving user traction.

Create a clone of TikTok

During his talk, Schmidt laid out an aggressive strategy for new ventures, particularly in the scenario of a potential TikTok ban. He advised: “Create a clone of TikTok, capture all its users and music, customize it with my preferences, launch it quickly, and pivot if it doesn’t go viral within an hour.” Schmidt emphasized the importance of quick action and user acquisition, even if it meant initially bypassing legal considerations. He stated: “As a Silicon Valley entrepreneur, if your product gains traction, you can then hire lawyers to manage the legal fallout. But if it fails to attract users, the stolen content becomes irrelevant.”

Eric defends his approach 

Schmidt’s candid remarks shed light on the often cutthroat and ethically ambiguous tactics that can be prevalent in Silicon Valley. His assertion that this approach is common practice raises important ethical questions about the nature of innovation and the respect for intellectual property rights.

Criticises work culture at Google

In addition to his comments on startup strategy, Schmidt criticized Google’s current work-from-home policies, suggesting they impair the company’s competitiveness, particularly in the AI sector. He commented: “Google prioritized work-life balance and remote work over winning. Startups succeed because their teams work intensely.” However, Schmidt later clarified his stance in an interview with The Wall Street Journal, stating that he “misspoke about Google and their work hours.”

Are tech industry practices maligned?

Schmidt’s remarks come at a time of heightened scrutiny over tech industry practices, particularly regarding intellectual property and work culture. His comments have ignited discussions on how startups should navigate growth and legal boundaries, and the balance between employee well-being and competitive success.