Schmidt's speech to students goes:

> The future does not simply arrive. It gets built in laboratories, in dormitories, in startups, in classrooms, in legislators, and the people building it will be you and people like you.

This prompts you to say:

> It seems Eric Schmids of the world think they (in their 70s) have more say about the future of these students than the students themselves. That is very unlikely.

This doesn't seem like an accurate read on what the Eric Schmidts of the world think.