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Eric Schmidt Or at least that is the rumor. A recent NY Times blog entry stated that Google CEO and founder, Eric Schmidt, mentioned in a conversation how social networking isn’t simply a “fad” or something that will pass in time.

“People don’t appreciate how many page views on the Internet are in social networks,” Mr. Schmidt told a group of reporters at the end of its Zeitgeist conference, a two-day gathering of an eclectic mix of Google partners, competitors, social activists and politicians.

Social networks, he said, account for an “enormous proportion” of Internet usage, he added. “It is very real. It’s a very real phenomenon.” – Eric Schmidt, Google CEO.

This doesn’t confirm any actions Google might take in the future, of course. However, Schmidt also didn’t shoot down the possibility of Google jumping into the social networking arena. Google plans on using the information they have on their customers/visitors for future projects. With all the information they have on us (the entire human race, basically), who knows what kind of supercalifragilisticexpialidocious social networking site they can create.

To hell with Facebook + Myspace, I say! Let us all throw our hats to Google and bow down to their almighty web presence.