Transcript
Introduction
Patrick
cap that participant list at 12 and a half million, the technology could not take more reliably. And [B], there actually weren't 12 and a half million people participating together. There were 12 and a half million people participating in individual versions of that concert, capped to 50 participants each, not all of which were even running in identical synchronicity.
And so imagine what that would be like in a world today. You can all be in the mall, but you can't be there together. And they're not really in sync, something else has happening. Obviously the metaphor breaks down. The technology required to do that is very far away, and the business case to realize it isn't quite there yet either. Imagine, Patrick, if you and I could go to the 1980s and say, "Let's lay the entire country down with fiber optic cable." Cost 400 billion, obviously that would have enormous value in 2020, but it would have taken us 20 years to actually commercialize that. And the capital required to get there, wouldn't work.