As developing nations get greater access to the internet, individuals and businesses alike will experience new challenges and opportunities, Google executive chairman Eric Schmidt told an audience at the Yale School of Management on April 24.
“We’re going to a world where most people are fully connected and fully informed,” said Schmidt, who spoke as part of the Leaders Forum lecture series.
Schmidt said that while the developed world is already highly connected—and will become more so as the cost of mobile devices continues to fall—the impact of increased access in developing and “closed” nations will be profound. “Imagine what it’s like to go from no information to an infinite amount of information,” he said.
Watch This Video: