Google chief favors Network Neutrality but is wary of regulation

In Washington for the President's Council of Advisors on Science and Technology meeting, Google chief executive Eric Schmidt said favors Network Neutrality, but only to a point: While the tech player wants to make sure that telecommunications giants don't steer Internet traffic in a way that would favor some devices or services over others, he also believes that it would be a terrible idea for the government to involve itself as a regulator of the broader Internet. "It is possible for the government to screw the Internet up, big-time," he said. Google is strong enough as a company to weather any possible outcome on the issue, he said. But what he worries about "is the next start-up." Schmidt doesn't come across as Capitol Hill's biggest fan. Google is a tech company that loves facts, metrics and algorithms, after all. Schmidt might prefer a political system that dealt in such quantities.