Eric Schmidt on Bing

Yesterday, Google (GOOG) CEO Eric Schmidt finally had something to say about Bing, Microsoft's (MSFT) latest effort to unseat Google as the search engine of choice for Americans. Speaking with Fox Business, Schmidt dismissed Bing as just the latest in a long line of also-rans and scoffed at the idea that Microsoft's $80 million to $100 million marketing campaign gives him cause for worry. Here's Schmidt on Bing:

"It's not the first entry for Microsoft. They do this about once a year. From Bing's perspective, they have a bunch of new ideas and there are some things that are missing. We think search is about comprehensiveness, freshness, scale and size for what we do. It's difficult for them to copy that. ... we are spending all of our time on exactly what we've always done, which is innovation. I don't think Bing's arrival has changed what we're doing. We are about search, we're about making things enormously successful, by virtue of innovation."

Here he is on everything that isn't Bing, from Obama to the future of the economy.