Eric Schmidt had some interesting comments at the Techonomy Conference (via TechCrunch):
Every two days now we create as much information as we did from the dawn of civilization up until 2003, according to Schmidt. That’s something like five exabytes of data, he says.
Let me repeat that: we create as much information in two days now as we did from the dawn of man through 2003.
“The real issue is user-generated content,” Schmidt said. He noted that pictures, instant messages, and tweets all add to th
In 2007, Schmidt noted that Google’s biggest obstacle to growth is the lack of information. Here is a snippet from Omniveillance:
In an interview conducted by the Financial Times, Google CEO Eric Schmidt admitted the company’s future goal is to organize people’s daily lives.139 Specifically, Schmidt augured that one day “users [will] . . . be able to ask the question such as ‘What shall I do tomorrow?’ and ‘What job shall I take?’ ” and Google would be able to answer those questions.140 Udi Manber, Google’s Vice President of Engineering in charge of Google Search, reaffirmed this sentiment, and posited that Google has “to understand as much as we can user intent and give [users] the answer they need.”141 Mr. Schmidt acknowledged that the primary obstacle to this goal is not the technology, but the lack of information Google possesses about people.142 Talking to journalists in London, Mr. Schmidt stated, “We cannot even answer the most basic questions because we don’t know enough about you. That is the most important aspect of Google’s expansion.”143
They got plenty of info now. And will Google move circumspectly in light of this explosion of information? Phsh.
“I spend most of my time assuming the world is not ready for the technology revolution that will be happening to them soon,” Schmidt said.
Indeed. Ready or not — Google is coming.