Care to cite that? I could find no source that Eric Schmidt is claiming that.

parhamn · on Oct 25, 2014

I think 2 posts above is referring to this: http://money.cnn.com/2014/10/02/technology/security/google-a...

20 seconds in he says approximately: "Besides the fact that we show ads in gmail which we've done for over a decade and used the information for nothing". Now that I listen again it seems like an interesting play on words that makes it very unclear what he means.