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May 24, 2011 04:38 pm GMT

The e-G8 Talks Of A New Industrial Revolution "" But Where Are The Steam Engines?

We're in the middle of a new industrial revolution. Over 2 bilion people are connected to the Internet - a third of the world's population and three billion have cell phones. Internet and mobile use is exploding in emerging economies, even contributing to the Arab Spring this year. Meanwhile the worlds developed economies are dealing with the breakdown of copyright and IP because of the Web, and the radical transparency brought by things like Wikileaks and the subsequent amplification of news via social media. So it's almost amazing that it's taken this long to have a special "e-G8" conference to address the rise of technology as a new force in globalisation before the 'real G8' meeting. Hopes are high. Some 1,500 people - tech gurus, entrepreneurs, VCs, big brand tech companies - are attending the event, which is in several huge tents in the Tuileries Garden in Paris. Attendees include Eric E. Schmidt of Google, Mark Zuckerberg of Facebook, Jeffrey P. Bezos of Amazon and Rupert Murdoch of News Corp.And the agenda, at least on the face of it, looks high minded enough. But there is also the political aspect. President Nicolas Sarkozy has no doubt timed this to amplify his prestige prior to the G8, and to kick his political opponents while they are down - namely former IMF head Dominique Strauss-Kahn, who languishes in New York. And chairman of Publicis, Mauarice Levy, said Sarkozy wanted the conference to be like the Internet: "Open Participative and, in a word, free."But is it?

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/MPI47OV_m9w/

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