27 Nov 2006

Don’t Bet Against the Internet

Eric Schmidt, CEO of Google, in "The World in 2007" on the internet:

"But what’s surprising is that so many companies are still betting against the net, trying to solve today’s problems with yesterday’s solutions. The past few years have taught us that business models based on controlling consumers or content don’t work. Betting against the net is foolish because you’re betting against human ingenuity and creativity."
"(...) most new applications can be created using existing software and protocols. Reinvention can be even more powerful and pervasive than invention. Mash-ups—websites that use existing online content to create something entirely new—are becoming the norm."

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