Rapid Technological Growth

Eric Schmidt, the well known executive chairman of Google, recently did a digital age speech at Harvard University during which he discussed the rapid growth of technology and how that will affect the future. Schmidt discusses his book 'The New Digital Age' and makes valid predictions about the enlarged role technology will play in business within the next five years.

In this interesting speech, Eric Schmidt talks about the way in which people are already attached to their cellphones, then explains that everyone will rely on them to a much greater extent in the not so distant future. Schmidt also talks about technology that one can have a conversation with. Due to improving voice recognition technology and machine language translation, phones will become more like personal assistants. There will be very little a phone can't predict, pull up or suggest for consumers.