Month: July 2011

The internet is nothing but software fabric that connects the interactions of human beings,” Gundotra said. “Every piece of software is going to transformed by this primacy of people and this shift.” Gundotra said that to date identifying people has been “the most epic failure of Google…. Because we were focusing on organizing the world’s information, the search company failed to do the most important search of all.

One of humanity’s greatest strengths — our ability to innovate solutions to complex problems — can be a detriment when we misdiagnose the problem. Our problem was not, and is not, a lack of growth. Our problem is 60 years of unproductive growth — growth that has buried us in financial liabilities. The American pattern of development does not create real wealth. It creates the illusion of wealth. Today we are in the process of seeing that illusion destroyed, and with it the prosperity we have come to take for granted.