Technology innovator Vinton Cerf believes Ireland can benefit from the commercial use of the internet.
A pioneer of the internet, Vinton Cerf identifies the steps that Ireland needs to make if it is to become a centre for global commerce on the internet.
A simple click of the finger and you're connected to a worldwide network that can and does boggle the human mind.
Vinton Cerf believes what the internet is now capable of is just the tip of the iceberg he anticipates that the capabilities of the internet could exceed those of the telephone network.
He was in Dublin to attend the first meeting of the Telecommunications Advisory Committee, which was set up by the government under the auspices of the Department of Public Enterprise. The ten-person group consists of many of the leading telecommunications players from the United States. The remit of the group is:
How can Ireland benefit from the commercial use of the internet in the same way as it has from call centres and software companies?
Vinton Cerf believes that two things need to happen for Ireland to become a centre for global commerce on the internet. Firstly, the need for a more competitive telecommunications environment and secondly the need for a financial system that will allow for the accumulation of risk capital for investment in new businesses.
An RTÉ News report broadcast on 16 July 1998. The reporter is Geraldine Harney.