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Eric Schmidt reveals his 2014 predictions, suggests big data will be king

In a video interview with Bloomberg TV, Eric Schmidt talks a bit about his predictions for popular trends in 2014. The Google Chairman suggests that smartphones will continue to grow, and the importance of big data will also increase rapidly.
December 30, 2013

The year 2013 is coming to a close, and another year will soon begin with new innovations, trends and discoveries to be made.

What will 2014 hold? While no one knows the future, it’s fun to see what important tech industry players have to say about the year ahead. With that in mind, Google’s chairman Eric Schmidt has now unveiled his 2014 predictions in a video interview with Bloomberg TV.

We know what you might be thinking, “this is a man that predicted in late-2011 that the majority of TVs in stores would have Google TV embedded by the summer of 2012.” And as Schmidt admits in the interview, he’s also the same guy who underestimated the importance and rise of the social network. This means you might want to take his 2014 predictions with a grain of salt. On the other hand, the predictions mentioned by the chairman are actually pretty tame and rather believable.

First up, Schmidt starts by talking about how 2014 will be the year that (nearly) everyone has a smartphone. This is already mostly true especially in major markets including the United States and most of Europe.

[quote qtext=”Everyone is going to have a smartphone. The trend has been mobile was winning; it’s now won.” qperson=”Eric Schmidt” qsource=”Google Chairman” qposition=”center”]

Both big data and “machine intelligence” will be important disrupters in 2014 and the years to come. Schmidt believes this disruption will have the power to change every business globally.

Aside from smartphones, Schmidt also takes note of the major growth seen by other types of mobile devices such as tablets. He then talks about how more smartphones and tablets will further open up the door towards more advanced big data services and applications, a trend we’ve already seen start to come to play in 2013.

Schmidt says they are sure that both big data and “machine intelligence” will be important disrupters in 2014 and the years to come. This disruption will not only change every business globally, it will also have an important impact on the consumer market as well.

The Chairman also believes that that DNA sequencing and other other genetics innovations will be big in 2014, though he admits that “we don’t really know what’s going to happen” in this area. Eric Schmidt closes up the interview by touching on Google’s investment plans for the future, and how the “arrival of Internet everywhere” will be of increasing importance to the company.

What do you think of Schmidt’s ‘predictions’ for 2014? What important mobile trends do you think the industry (and consumers) will be most focused on in the coming year? Let us know in the comments!