Skip to content

Tag: Eric Schmidt

Data, data, data, and more data…

For those of you that missed it, the February 27th-March 5th edition of The Economist featured a special report on the over abundance of data, and where we’re heading with it. This may seem like a boring topic at first, but if you start reading , you’ll quickly realize why I continue to be so interested in social media, especially the broader social-cultural and global implications of  all the content/data that we are feeding into “the cloud“.

Rather than providing you with a summary of the article (which hopefully you will read in full), I am providing some excerpts which I highlighted myself while reading:

  • There are 4.6 billion mobile-phone subscriptions worldwide (though many people have more than one)
  • By 2012 the amount of traffic flowing over the Internet annually will reach 667 exabytes
  • Farecast can advise customers whether to buy an airline ticket now or wait for the price to come down by examining 225 billion flight and price records.