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In a talk with David Gergen (right), Google CEO Eric Schmidt set forth a local challenge. “Here in Cambridge, we have some of the smartest people in the world … If I can be critical for a sec: Why have you guys not produced the equivalent of Twitter, Facebook, Google, and so forth? I don’t know,” he said. “So there’s an action item for you.”

The next Google

Chairman Eric Schmidt examines the digital future of entrepreneurs and innovation