He predicts, apparently seriously, that every young person one day will be entitled automatically to change his or her name on reaching adulthood in order to disown youthful hijinks stored on their friends' social media sites.
This really is the most patent hogwash. Surely someone like Schmidt, with a brain the size of a planet, could foresee that if such name changing were to become commonplace it would inevitably lead to the creation of services that mapped between past and present-day identities? Given the ability to identify images recently demonstrated by sites like tineye.com it's only a matter of time before changing your name will no longer be a way to erase the records of your misdeeds.
This makes it all the more important that privacy and basic information security become high school subjects, but alas the corporate overlords that have the ear of government in most developed (and many less-developed) countries will be attempting to make sure that isn't a priority, because it isn't in their interests.