A Look Ahead at Technology in the Next 10 Years

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Dec. 10 (Bloomberg) –- Bloomberg’s Caroline Hyde reports from the Le Web conference in Paris on how the web has changed in the last 10 years and takes a look ahead to see what’s in store in the future. She speaks to Anna Edwards on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

That we have seen in the last decade alone since the first conference in 2003. in 2003, itunes had just lost -- launched.

At the time you could get your hands about 200,000 songs.

$.99 per song.

Fast forward by 10 years and it is not 200,000 songs, it is 26 million.

They're selling about 26 million ipods per year.

Your iphones -- and the competition is right.

You have spotify, pandora.

Apple is not alone.

There are bigger changes.

Think about camera phones.

Back in 2003, they had just caught on.

They were causing a stir.

They were being bandied changing rooms and companies worried about espionage.

Taking a picture with your phone has become so popular that we now have the word self the in the oxford dictionary.

You have 41 megapixel nokia phones.

You can video should them as well.

Investment changes have been choose that huge.

--investment changes have been huge.

Big changes in investment, big changes in scope.

Camera phones, for better and for worse.

Is looking more competitive than it did in 2003? certainly looking more competitive.

Money is chasing these investments.

Think about the twitter ipo we sought the stock soar 70% on the first day.

With any companies and investors getting competitive, countries as well.

A lot of limelight is being clinched a hold of by the likes of london, berlin.

Talks of new technology hubs.

Paris has gone a bit by the wayside.

France is not been quick to roll up the red carpet for the investors and startups.

They are trying to grab back the initiative.

If a poor reputation.

They have high-end changing tax laws, difficult labor laws across the board, and they for bid dailymotion to be bought out by yahoo!. too many startups go to london.

It is easier.

They are trying to change that around.

Yet more plenty -- money pumped in.

The government is putting its money where its mouth is.

250 million euros are going into this.

I will be talking about this with our guests.

I will be talking to someone with birch box.

I will be saying what she thinks the sentiment is like here.

After you.

-- back to you.

Speaking of tech companies,

This text has been automatically generated. It may not be 100% accurate.


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