Google's head, Eric Schmidt, recently shared his views on a series of topics at the Aspen Ideas Festival. He addressed how "old" institutions are inefficient and in particular governments. His solution is transparency because as he puts it, "many bureaucrats know what they are doing is not effective". Schmidt goes on to question why the US attracts foreign students and then kicks them out, a significant impediment to retaining the brightest minds from around the world. Finally, Eric touts the excitement that instant translations tools and photo identification being created by Google will offer. Check out this brief 6 minute interview to learn more.