Google's CEO Eric Schmidt: What the Web Will Look Like In 5 Years

by Yuliya Talmazan | October 27, 2009 at 03:29 pm

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Google CEO Eric Schmidt said Internet will be dominated by Chinese-language and social media content run via very fast bandwidth and in real time. Schmidt was speaking at the Gartner Symposium and ITxpo in Orlando.

Interestingly, Google is not No.1 choice for search engine in China -- Chinese search engine Baidu is the leading search engine in China with over 50% of searches done through it. According to the China National Network Information Centre, the number of Chinese Internet users in 2008 was nearly 338 million, more than the entire population of the United States.

Among other interesting conclusions uttered by Eric Schmidt were increasing YouTube profitability for Google, company's eventual move toward more real-time content that can be ranked, and increasingly faster broadband that will erase boundaries between different media sources.

Google CEO Eric Schmidt envisions a radically changed internet five years from now: dominated by Chinese-language and social media content, delivered over super-fast bandwidth in real time. Figuring out how to rank real-time social content is "the great challenge of the age," Schmidt said in an interview in front of thousands of CIOs and IT Directors at last week's Gartner Symposium/ITxpo Orlando 2009.