As one anxious CEO told his
staff at a meeting last Thursday: “The future of the way people consume
information, the way people socialise and connect, is going to change a lot
more in the next ten years even than in the last ten. How you find
information, how you consume it, how you share it and connect with your
friends... dramatic changes.”
That agitated CEO, by the way, was Steve Ballmer, of Microsoft, which to date
has thrown a $10 billion investment at its internet operations without
turning a profit. True, his firm's own record on monopolistic abuse of power
is pretty colourful, and its cash pile of an estimated $40 billion hardly
makes it a minnow.