In a recent interview with Wired, Google CEO and cofounder Larry Page offered his take on the state of technology, saying that companies like Apple and Facebook need to dedicate more resources on innovation rather than competition. He expressed concern regarding company leadership, saying there is too much attention being paid to competition. When asked about a specific case involving the late Steve Jobs’ comment of “going thermonuclear war” on the Android platform, Page responded with, “How well is that working?” Page continued by saying the following:

But it’s hard to find actual examples of really amazing things that happened solely due to competition. How exciting is it to come to work if the best you can do is trounce some other company that does roughly the same thing?
On the topic of Google X, the internet search giant’s experimental products lab, Page said breakthroughs and non-incremental changes are key. He ended up questioning why tech giants like Apple don’t use their vast resources toward these goals. According to Page, “You may say that Apple only does a very, very small number of things, and that’s working pretty well for them. But I find that unsatisfying,” adding that the “crazy things” investors worry about spending money on are ultimately the most substantial. Examples given are YouTube, Chrome, and Android with Page saying “if you’re not doing some things that are crazy, then you’re doing the wrong things.”

When discussing new products, Wired specifically asked if Google’s latest social networking endeavor, Google+, was a result of competition with Facebook, but Page dismissed the idea by saying the following:

It’s not the way I think about it. And, yeah, [Facebook is] a company that’s strong in that space. But they’re also doing a really bad job on their products. For us to succeed, is it necessary for some other company to fail? No. We’re actually doing something different.
Although, Page's comments make sense, each company will end up doing what they feel will help them the most. We'll have to wait and see what future plans tech giants have in store for us by being patient.

Source: Wired