Google CEO says he wont leave for Obama tech advisor job

Chief Executive of Google Inc, Eric Schmidt, said in an TV interview on Friday that he would not want to leave Google to serve as Barack Obama's technology advisor if he was asked.

Schmidt, who is one of the president-elect's most high-profile supporters, appeared on Jim Cramer's CNBC TV show "Mad Money" to give his insights on Obama's 17-person economic advisory board.

Schmidt, who is an adviser on the board, talked about Obama's plans to revitalize the economy as well as what he called "Google's energy plan", which focuses on using solar, wind and geothermal energy in order to achieve energy independence.

He also discussed how the current economic climate is affecting Google. "Advertising is one of the first things that get cut," said Schmidt," and its almost always a mistake, because you advertise to get revenue." He added that he expects advertising to bounce back quickly.

Asked about his future plans by Jim Cramer, Schmidt responded that he had no interest in leaving Google to become Obama's chief technology advisor: "I love working at Google and I'm very happy to stay at Google, so the answer is no."

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