|
|
The Internet Economy: Changing the Way We Work, Live, Play and Learn
John Chambers, Comdex 99 Kenote
PC Week web broadcast of John Chambers's Comdex Keynote
every company is in transition
light bulb is going on
IT from cost center to producitivy tool to survival skill
hockey stick growth
half the GNP in a decade will be Internet-related
companies will compete globally via the net
cisco's breakaway -- the virtual invisible hand to the net
the fast will beat the slow
that applies to individuals, companies, countries
the speed will be breathtaking
1. internet productivity applications
e-commerce 50x gains
b2b, customer service 200x gains
2. new apps just beginning to take off
virutal mfg -- 84 plants, only two are our own
45% inventory reduction...
***virtual close of your books by product, geography, division
(every employee can understand their job)
(empowers all employees, 15x hits at Cisco internally)
filmclip, shopper attack.
demo -- future of shopping -- personalizing. gift registry.
tremendous convenience.
-- Internet enabled gas pump gives maps, coupons, weather, convergence merchandising.
takes delivery.
There are two fundamental equalizers in life — the Internet and education.
With nearly 800,000 unfilled Internet-related jobs which will grow to a billion
plus in the next ten years, the Internet is creating e-learning as one of the
most powerful learning tools of the next decade for businesses, schools, and
individuals.
jobs will go wherever the best-educated workers are, with the right infrastructure,
with the right government
e-learning empowers
(slide)
e-learning is where ecommerce was 2 1/2 years ago. old vs. new slide.
roadblocks -- ecommerce -- sufficient access, apps few, security scare,
roadblocks -- elearning -- companies lack access, resistance to change in movement from degree system to application
elearning for cisco is competitive advantage and survival. elearning in the
early adopter stage.
social aspects
income divide. can get to "poor get richer"
we control our own destiny here
alleviating extreme poverty with internet as enabler
NetAid with UN
Networking Academy.
in high school, we used to prepare our students for the past.
now 2000 Network Academies. instead of $16,000/year job for life, the grads
earn $30.000 to $60,000
video -- global snips -- India, China, Romania, no boundaries. Romanain high-schooler
Maria comes on stage. exciting. signed up for web course. on line demo which
screws up. "Actually this happens every time in my lab." [laughter]
kosovo - refugees use the net to find relatives, check out destination countries
What's
your IQ (Internet Quotient)?
Not a bad test for an e-learning company.
Conclusion
two equalizers in life: the Internet and education
net = change agent that will make the first industrial revolution look small.
Are you ready?