Davidow explains how the success of the Internet has also created a set of hazards, in effect overconnecting us, with the direst of consequences. Davidow explains everything from the recent subprime mortgage crisis to the financial meltdown of Iceland, asserting that much of it can be traced to the fact that we were so miraculously wired together.
Dr. Davidow has been a high-tech industry executive and venture investor for over thirty years. Before joining Mohr, Davidow Ventures, he held a number of management positions at Intel Corporation, including Senior Vice President of Marketing and Sales, Vice President of the Microcomputer Division and Vice President of the Microcomputer Systems Division. Dr. Davidow holds a Ph.D. in Electrical Engineering from Stanford University, a MSEE from California Institute of Technology and a BA summa cum laude from Dartmouth College. He is the author of Marketing High Technology, Total Customer Service, and The Virtual Corporation. His latest book is OVERCONNECTED: The Promise and Threat of the Internet.
Dr. Davidow is Chairman of the Board of Rambus Corporation and Vantive Corporation. Dr. Davidow is also a member of the California Institute of Technology Board of Trustees.
He is a member of the Board of Advisors to the Community Foundation Silicon Valley; the Stanford University Institute for Economic Policy Research; the Santa Clara University Center for Science, Technology and Society; and the Technology Museum of San Jose.
Charles Geschke is a Co-founder and Co-chairman of Adobe Systems.
As an example of how regulatory systems fail to keep pace with technological change, William Davidow points to Pvt. Bradley Manning. Manning allegedly managed to steal thousands of classified documents from a secure government network by hiding the files on a CD-RW labeled "Lady Gaga."
"What the Internet has done is its ... empowered the individual to do things a thousand well-trained Soviet spies could never do," says Davidow.
Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the University of California at Los Angeles, Stanford Research Institute, the University of California-Santa Barbara, and the University of Utah. ARPANET's purpose was to conduct research into computer networking in order to provide a secure and survivable communications system in case of war. As the network quickly expanded, academics and researchers in other fields began to use it as well. In 1971 the first program for sending e-mail over a distributed network was developed; by 1973, the year international connections to ARPANET were made (from Britain and Norway), e-mail represented most of the traffic on ARPANET. The 1970s also saw the development of mailing lists, newsgroups and bulletin-board systems, and the TCP/IP communications protocols, which were adopted as standard protocols for ARPANET in 198283, leading to the widespread use of the term Internet. In 1984 the domain name addressing system was introduced. In 1986 the National Science Foundation established the NSFNET, a distributed network of networks capable of handling far greater traffic, and within a year more than 10,000 hosts were connected to the Internet. In 1988 real-time conversation over the network became possible with the development of Internet Relay Chat protocols (seechat). In 1990 ARPANET ceased to exist, leaving behind the NSFNET, and the first commercial dial-up access to the Internet became available. In 1991 the World Wide Web was released to the public (via FTP). The Mosaic browser was released in 1993, and its popularity led to the proliferation of World Wide Web sites and users. In 1995 the NSFNET reverted to the role of a research network, leaving Internet traffic to be routed through network providers rather than NSF supercomputers. That year the Web became the most popular part of the Internet, surpassing the FTP protocols in traffic volume. By 1997 there were more than 10 million hosts on the Internet and more than 1 million registered domain names. Internet access can now be gained via radio signals, cable-television lines, satellites, and fibre-optic connections, though most traffic still uses a part of the public telecommunications (telephone) network. The Internet is widely regarded as a development of vast significance that will affect nearly every aspect of human culture and commerce in ways still only dimly discernible.
CORPORATE CREATION GREAT LIAR THE 1000 POINT DROP WAS PLANNED TO SCARE GOV^T INTO BAILING OUT THE BANKS IN USA AND EUROPE
THE FLASH CRASH WAS LIKE THE 2YK problem where all computers were supposed to stop, Massive Panic at time of Clinton.
Davidow great Corporate bullshitter. Create a problem sell the solution. Never let a disaster go to waste why wait for a disaster when you can create a disaster.
Wall street extorted the Gov`t took taxpayer money.
Planned CRASH 2008 Planned CRASH BY JP MORGAN 1929 Every one of the Companies Davidow worked for Screwed the Public ROYAL.
Listen to this creep push public fear and identity theft pushing for Inter net kill switch. Just like GUN CONTROL take away your Guns take away your knowledge.
Too bad He is on the Wrong side of History. Like TSA looking for reasons to rape or radiate at airports. Data mining for Slave sales, Sell the people,MONEY BEFORE ETHICS MONEY BEFORE PRINCIPLE.
At least He knows that julian is a genius.Wiki Leaks is necessary, When you have bull shitters like This corporate Monster. Torture Manning, no charges SHAME USA KILLERS. Helicopter Apache massacre Journalists, What About that? 8000 military kids committed suicide 2010 what about that?? 18 a day for one year. Or 3.5 Trillion Dollars wasted om killing them and yourself WOW!NOT THE INTER NET THE KILLERS USA MILITARY USA PEOPLE ARE THE KILLERS!
I am astonished that you don't seem to have heard of the Semantic Web and the Personal Data Locker that will soon dissipate all your fears. I highly recommend that you read the book "Pull: The Power of the Semantic Web to Transform Your Business" by David Siegel. You can also get some great information by visiting the author's blog at http://thepowerofpull.com/pull/blog
Are you serious? Charging for email? The world needs bold imaginative thinking, not retrogressive "fixes". The answer is to move data from silos owned by corporations into Personal Data Lockers (PDLs) where people own and control their own data. When a transaction occurs, the PDL will GET the merchant's data, as opposed to SHARING the buyer's info. "Push" models are giving way to "Pull" models and the world will be completely transformed in the next few years.
The Commonwealth Club has done itself a huge disservice by inviting someone who is completely out of touch with the new technological paradigm. Not only did I not learn anything from this substandard talk, but it convinced me that I could actually teach your speaker a few things.
Until now i thought that the "Free Economy" was supposed to be free(Do whatever you like type). Isn't it basic principle of this free economy to provide cheapest possible to the consumer? Then why do we have a problem with Job quote Auctions online?
Besides who doesn't want "needed" information at their fingertips in real time? We might as well look forward to the good old days when mail was posted on ships and took two months to reach.
Internet, no doubt comes with its set of problems such as Viruses, Botnets, Hackers and ID theft, but those are more than compensated by its speed, etc. All it needs is some basic protection and maybe some investment. Insurance?
Internet never asked Wall Street to make and sell CDO's, the greedy nexus of the rule makers and their financiers did. We expect them to make rules, when all they could care about is the next election.
Besides this could just as well have been a test run for the "Dreamliner 787" of the finance system.
And I pay for the "Free E-mail" by tolerating those "You are 1 000 000 visitor" banners.
He takes it for granted that positive feedback loops caused the 2008 crash.
He ignores the "ultimate insider trading", the people who rig the playing field, the regulators and the Fed.
In order to believe what he says, these systems must have been working flawlessly, otherwise they would have created the problem too.