Eric Schmidt: Every 2 Days We Create As Much Information As We Did Up To 2003

August 5, 2010 | Source: Techcrunch

Every two days now we create as much information as we did from the dawn of civilization up until  2003, according to Google CEO Eric Schmidt — about five exabytes of data.

He cautioned that just because companies like his can do all sorts of things with this information, the more pressing question now is if they should. Schmidt noted that while technology is neutral, he doesn’t believe people are ready for what’s coming.

I spend most of my time assuming the world is not ready for the technology revolution that will be happening to them soon,” Schmidt said.