The growth of the Internet will slow drastically, as the flaw in "Metcalfe's law”–which states that the number of potential connections in a network is proportional to the square of the number of participants–becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's.
A misguided prediction. If you are going to be wrong, go big and say it with confidence.
The growth of the Internet will slow drastically, as the flaw in 'Metcalfe's law'–which states that the number of potential connections in a network is proportional to the square of the number of participants–becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's.
Don’t be discouraged by the size of your network – inspire one person and you are doing good.
I got into Facebook late, and I think if you get into Facebook late, you tend to use it the right way, as opposed to the people who got into it sooner and friended everybody and now have a thousand friends. I keep it at about 80 or so, and they're all people I know. Just because I do a movie doesn't mean I friend everybody in it.
That's one of the benefits of working with a smaller network like IFC. You're awarded more trust, but trust that I really earned.
What's the third largest nation in the world after China and India? It's the Facebook nation - 430 million people on Facebook.
There are only two companies in the world that can help me. That's Facebook and Google, because they are going to make me the largest digital network in the world, which is my goal.
Social networks particularly will tend to converge and consolidate over time, especially because they're inherently governed by network effects. So the bigger ones will just get bigger, their value will multiply exponentially, and the smaller ones will become less and less relevant.
The question is, can we make neural networks that are 1,000 times bigger? And how can we do that with existing computation?
No one can keep track of how many people use Internet, how many machines it can reach, or even how many sub- and sub-sub-networks form a part of it.
Our priority has always been to have the lowest cost so we can be comfortable with weak freight rates. A big part of having the lowest cost is maintaining the largest network, and this means growing market share.
Avoid teams at all cost. Keep your circle small. Never join a group that has a name.