Tech Disruption Quotes

Silicon Valley isn't the only game in town. Tech is increasingly decentralized. Around the world, new tech centers with younger companies are able to embrace a different approach to talent: recruit locally, identify homegrown prospects and, in a phrase, bring them along for the ride.

On Sept. 12, 2016, there was a momentary realignment in the constellation of global business. For the first time, the five largest public corporations in the world by market capitalization were all technology companies: Apple, Alphabet, Microsoft, Amazon.com, and Facebook.

Over the next 10 years, I expect many more industries to be disrupted by software, with new world-beating Silicon Valley companies doing the disruption in more cases than not.

Yesterday morning Facebook was temporarily offline, leaving millions of workers unable to do anything except their jobs.

The idea that, in the age of Google, Facebook and the internet, government can control the 'commanding heights' of the economy is one of the great delusions of our age. Modern techonology, social media, the explosion of online retail, among many other things, have meant that governments have less and less control.

I keep wondering at night, 'Will I have a bank the next morning, or will some technology company be doing banking without needing a bank?'

To be sure, robotics are not the only job killers out there, with outsourcing stealing far more gigs than automation.

Internet-centric companies have already begun changing the rules with binge-watching, flexible running times, fewer commercials, and crowd-sourced content. The brainpower - and just plain power - of the most valued tech firms will change things even more.

Any new technology tends to go through a 25-year adoption cycle.

I don't think you can look at my history and say they love me to death in Silicon Valley.

At our peak, no one knew how to value Digg.

The next Google is more likely going to come from outside the U.S. Whether it's in Europe, I am not sure. A lot of things have to change.