Eric Schmidt on what we need for change
July 3rd, 2009

This 5-minute video has Google Chairman Eric Schmidt describing fundamental change that needs to be made for industries to genuinely be transformed into the future. After describing how most of the money is still going to the incumbents, Schmidt says: “Change has to occur from the private sector; it has to occur from enlightened leadership, and; it has to occur in areas where money is being made. . . .  I would argue that Google is as successful as it is primarily because of the openness of the Internet.”

HT: Jeff Jarvis

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