Forum Moderators: open
A number of waves have led to tremendous wealth generation in the computing industry: microprocessors, PCs, desktop software, business software, networking, online search. But to get rich today, Google Executive Chairman Eric Schmidt has this advice: build a platform.
Speaking today at a panel discussion at the e-G8 Forum in Paris, Schmidt advocated the idea of creating a foundation on which others' software can run.
"The fastest path to wealth is the construction of these digital platforms," he said, in which a company becomes the center of activity and "where other people depend on you."
