“It is manifestly clear that mainstream media outlets will increasingly find themselves a step behind in the reporting of news worldwide. These organizations simply cannot move quickly enough in a connected age, no matter how talented their reporters and stringers are, and how many sources they have. Instead, the world’s breaking news will continually come from platforms like Twitter: open networks that facilitate information-sharing instantly, widely and in accessible packages. If everyone in the world has a data-enabled phone or access to one— a not-so-distant reality— then the ability to 'break news' will be left to luck and chance, as one unwitting civilian in Abbottabad, Pakistan, discovered after he unknowingly live-tweeted the covert raid that killed Osama bin Laden.”
More from Eric Schmidt
“Let me be clear: Humans will remain in charge of AI for the rest of time.”
“The smartest companies don’t tell their employees how to innovate, they manage the chaos.”
“I think big data is so powerful that nation states will fight over how much data matters.”
“I'll bet the rest of my professional career that the future of your business is big data…”