Bloomberg: When Alphabet chairman Eric Schmidt looks to the near future, he sees breakthroughs in health and technology that will change the world. He also said Alphabet, the holding company that owns Google and other businesses, will probably never break up and its job is to seek out transformative solutions. Under the Alphabet organization, the CEOs are under pressure to prove they can build businesses and have incentives to deliver value, Schmidt said. Those who don’t do well have to “suffer the consequences.”