Mark Pesce’s now famous Keynote speech for Web Directions is a must read for everyone.

“The net regards hierarchy as a failure, and routes around it.”

“In a future which looks increasingly like the present, there is no center anywhere, no locus of authority, no controlling power ordering our daily lives. There are no governments, no institutions, no businesses that look anything like the limited liability enterprises born in the Netherlands five hundred years ago. Instead, there are groupings, networks within the network, that come together around a project or ideology, a shared sense of salience –”

From one of the founders

We could all be carrying around iPods with 1 terabyte of storage within a few years, if this article from the BBC is any indication.

“A single hard drive with four terabytes of storage (4TB) could be a reality by 2011, thanks to a nanotechnology breakthrough by Japanese firm Hitachi.”