Google SVP Philipp Schindler talks with Recode's Kara Swisher about YouTube's original programming initiative and how the company compares it to Netflix's and Amazon's. Schindler says the key differentiator is YouTube's existing fanbase, which spends more than 50 percent of its time watching video on mobile devices. He also discusses some "megatrends" in technology, including machine learning and new types of devices like wearables, which he says are coming together into an "age of smart assistants." Schindler argues that virtual reality and augmented reality are incredibly important technologies for the future of video and that Google's role is to democratize access to VR and AR.

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