In short, software is eating the world

Technology is like water; it wants to find its level. So if you hook up your computer to a billion other computers, it just makes sense that a tremendous share of the resources you want to use - not only text or media but processing power too - will be located remotely.

Almost every dot-com idea from 1999 that failed will succeed.

There is the opportunity to do more and better if you're smaller and more nimble.

If you're the village blacksmith and a model T comes along, you better become a mechanic. People's lives are better when they get news online versus having to wait for the morning paper. It's a lot more efficient, a lot more real time, a lot less waste.

I always had the old-school model that I'm going to work for as long as I'm relevant and focus on for-profit activities and someday when I retire I'm going to learn about philanthropy.

I think 2012 is the year when consumers all around the world start saying no to feature phones and start saying yes to smartphones.