TUESDAY LUNCHEON SPEAKER
Data is the New Oil, Silicon is the New Steel: The Chimerical Internet of Everything, Thomas H. Lee, Professor, Stanford University
To paraphrase Mark Twain, history rhymes even if it does not repeat. Listening to the rhymes of the history of wireless suggests a new verse, in which a trillion objects are connected to each other, and to us. The virtual pipes of this terascale network will carry data every bit as valuable and transformative as oil in the 20th century. But a trillion is an almost inconceivably large number, and many scaling barriers must be overcome to make a terascale future possible. This talk will decrypt the rhymes, identify the most serious impediments to scaling, and explain why silicon’s evolution rhymes with that of steel, and why the Internet of Everything will be a chimera.