A Quote by Masayoshi Son
Softbank has always been a service firm, and with the Internet, services became the center of the technology industry.
Related Quotes
Before I became the president of AT&T's consumer division, I was running strategy and our internet services, so I was the president of one of the first internet service providers, ISPs, AT&T Worldnet, and running our internet protocol product development as well. So I knew a lot about what was going on with the internet.
The value that SoftBank saw in us was that we are a technology company in the mobile Internet space.
I am in a traditional financial services business - but we at Fidelity can see that the evolution of technology is setting our industry up for disruption. What if this technology could do for the transfer of value what the Internet did for the transfer of information?
We want to be able to service our customers more, like an Internet service. Our goal is to run one of the largest Internet services that enables people to use Windows on an everyday basis.
The Internet will not become a money machine until the banking industry figures out how to transfer money for free so you can charge USD 0.005 (half a cent) for some simple service like, say, reading a newspaper article you have searched for. With today's payment system, the cost of the transfer of the funds completely dwarf the cost of the service paid for. ... This situation, however, is what acutely prevents the Internet from taking off as a network for paid services.
If you look at the banking business over many years, it's always been a huge user of technology. This has been going on my whole life, that people have been adding technology, digitizing services.
The big challenge with Internet financial services has been that it's very difficult to get large numbers of customers to sign up for your service.
Internet entrepreneurs are using technology at every level of their company - from a one-person agency to a small firm, the newest technological advances are interwoven throughout every aspect of Internet-based businesses.
The Internet is a computing platform built on top of core technology. Applied technology is what gets built on top of that: It's Web services.
Because of the Internet's open platform, entrepreneurs have started small businesses, innovators have created online services, and webcasters have produced a diversity of news-information sources. We must make sure that winners and losers are decided by the marketplace and not your Internet service provider.
I've been in the service industry. I've bar-tended. I've waited tables, and I've worked at pizza places; I've made pizza. I've had a lot of jobs, and many of them were in the food service industry.
Just like the Internet has transformed the media industry or the e-commerce industry, the software industry is also being affected dramatically by the Internet.
A few years ago, users of Internet services began to realize that when an online service is free, you're not the customer. You're the product.
Technology is something you have to embrace because technology is part of our generation. Digital natives, for instance, are people who grew up in a world that always had the Internet and who always had smartphones. Millennials aren't too far behind: my generation of people, who were in the mix of the Internet when it first came out.
My father will always be my hero. He pioneered two successful companies that paved the way for the technology services industry and has devoted much of his life to helping people in need and those who serve our nation in the armed forces.
Technology no longer consists just of hardware or software or even services, but of communities. Increasingly, community is a part of technology, a driver of technology, and an emergent effect of technology.
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