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01/28/2007: "Gates Says Future of Television is the Internet"
Bill Gates, while often late to pick up on trends, is right more often than not. He is telling all who will listen that television as we know it is dead.
"Advertisers are already racing to adapt their strategies to the growing power of the Web, and more and more promotional cash is tipped to migrate from television to Web sites in future."
"I'm stunned how people aren't seeing that with TV, in five years from now, people will laugh at what we've had," he told business leaders and politicians at the World Economic Forum.
For the full story go here.