kkleiner writes "Recently at the MIT Sloan School of Management, Google's Eric Schmidt presented his thoughts on how the focus on hardware and software will fade in importance to harnessing the globally generated network of knowledge and data. In his talk titled "The Future of the Global Mind", Schmidt declares the global network of knowledge to be “as important, if not more important, as the development of electricity.” He also gives the audience a new motto: “in God we trust, but all others bring data”." Link to Original Source
A complex system that works is invariably found to have evolved from a
simple system that works.