PandoMonthly: Steve Case on what's needed for the "third wave of the Internet"

TL;DR
The future of the internet lies in integrating it into everyday life, including industries like healthcare and education, requiring partnerships and government involvement.
Transcript
you know it's interesting in the last 10 years I feel like there's been such a reaction against sales or BISD oriented founder CEOs in the valley and such an Embrace of this Cult of the programmer product CEO it strikes me that so much of aol's success was really due to your ability to get strategic deals done I mean even in the early days of convi... Read More
Key Insights
- 🖐️ Sales and partnerships played a crucial role in AOL's success, highlighting the importance of these skills in the tech industry.
- 👋 The first wave focused on building the infrastructure, the second wave on leveraging it for products and services, and the third wave will integrate the internet into everyday life.
- 👋 The third wave will impact industries like healthcare and education, requiring partnerships with decision-makers and government involvement.
- 🤩 Collaboration and understanding government policies will be key in transforming industries and achieving significant impact.
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Questions & Answers
Q: How did AOL's success depend on strategic deals and partnerships?
AOL's ability to secure strategic deals and convince manufacturers to include modems in computers played a vital role in their success. These partnerships allowed AOL to expand its reach and access more users.
Q: What is the difference between the first, second, and third waves of the internet?
The first wave involved building the internet's infrastructure, while the second wave focused on creating products and services on top of the existing internet. The third wave will integrate the internet into various industries, such as healthcare and education, making it seamless in our everyday lives.
Q: Why is partnerships and government involvement crucial in the third wave?
Integrating the internet into industries like healthcare and education requires partnerships with decision-makers in these sectors, such as school districts and hospitals. Additionally, engaging with the government is essential, as they are major customers and regulators in these industries.
Q: What skills will be necessary for success in the third wave of the internet?
Success in the third wave will require a different skill set, including the ability to form partnerships, understand government policies, and navigate enterprise-driven industries. Collaboration and a focus on governmental engagement will become increasingly important.
Summary & Key Takeaways
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AOL's success was attributed to their ability to secure strategic deals and convince manufacturers to include modems in computers, highlighting the importance of sales and partnerships.
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The first wave of the internet focused on building the infrastructure, while the second wave focused on leveraging the internet for products and services.
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The third wave will involve integrating the internet into our daily lives, necessitating partnerships, government engagement, and a different skill set.
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