Read Write Web highlights some great comments: *
1. Five years from now the internet will be dominated by Chinese-language content.
2. Today's teenagers are the model of how the web will work in five years - they jump from app to app to app seamlessly.
3. Within five years there will be broadband ( more like 25 years if you live in Canada) well above 100MB in performance - and distribution distinctions between TV, radio and the web will go away.
4. "We're starting to make significant money off of Youtube", content will move towards more video.
5. "Real time information is just as valuable as all the other information, we want it included in our search results."
6. It's because of this fundamental shift towards user-generated information that people will listen more to other people than to traditional sources. Learning how to rank that "is the great challenge of the age." Schmidt believes Google can solve that problem.
I think he's right on, especially the movement of content to video and the rising importance of our peers as recommendation sources rather than traditional media.
Cool.
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