Foreword to The Digital Economy: 20th Anniversary Editionby Eric Schmidt, Executive Chairman, Google

I’m pleased Don asked me to say a few words about the update to his landmark book, The Digital Economy, if for no other reason than to place it in context. Twenty years ago, I was at Sun Microsystems, a company that in its time was pushing the boundaries of hardware, software, and network architecture in a similar way to what Google is doing today.

But even with the advances Sun and other tech companies were developing, the Information Age was still in its infancy. It was a time of dial-up modems and bulletin board systems, CDs and VHS, books sold in bookstores, and phones hardwired to your home or, if you were lucky, your car. The world wide ...

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