Don’t Bet Against The Net

Or on the net, if you’re an American poker player 🙂

Eric Schmidt on how to win big 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”

Something, even, for the blackhats:

“Mash-ups—websites that use existing online content to create something entirely new—are becoming the norm”.

Researchers at the University of California at Berkeley estimate that the world generated five exabytes of data in 2002, double the output in 1999.”.

…curiously only months after scrapers became widely commercially available.

Kidding 🙂

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