"We don't think it’s a competitor to Microsoft Office," Schmidt said in the interview. "It's casual and sharing and a better fit to how people use the Web. My guess is many companies in the audience are building products like this or other variants of this using the emerging architecture."

Battelle apparently disagreed with Schmidt’s assertion that a free alternative to Office doesn’t pose a threat, but Schmidt held his ground.

 
Related Links:
http://blogs.zdnet.com/BTL/?p=4864 (ZDNet)
http://www.techcrunch.com/