jimorandy - 10:34 pm on Dec 14, 2012 (gmt 0)

Larry Page: It would be really nice to have a system that could basically vacation plan for you. It would know your preferences, it would know the weather, it would know the prices of airline tickets, the hotel prices, understand logistics, combine all those things into one experience. And that's kind of how we think about search.

IMHO he uses the "vacation planer" just as an example of what they try to do with search in general. Meaning that they want to do THAT with all the searches.

Searching for electronics? Here are the comparisons, reviews, best prices, user pictures, coupons, hot deals & everything else related - all found by Google and presented to you by Google.

Searching for stocks? Here are the news, expert recommendations, best places to buy/sell, user reviews, FB & tweeter - all in one place - assembled by Google.

That's what he is talking about.