Bill Gates discusses the future of Web 2.0 and PBXs

Note:  I found this article about Gates recently speaking about where all this new technology is headed in the coming future.  It sounds like he does actually "get" where the PBX market is going.  Here is some bits from the article:

"Speaking to a group of business leaders at the World Economic Forum in Davos, Bill Gates gave some insight into where he believes technology is heading. During the conference, which played host to several big names in the industry such as YouTube's Chad Hurley and Flickr's Caterina Fake, Gates touched on topics such as the Web 2.0 craze, IPTV, and a possible micropayment model for the web." 

Gates stressed that software is becoming more advanced and capable every year for hosting multimedia content, saying, "Every year we just move to more of a digital environment. We take away the older approaches." In the next few years, for example, we should expect to see the disappearance of the Private Branch eXchange (PBX) in telephone systems. "In voice telephony, you have a thing called a PBX. You won't have those anymore. You'll have a communications system that is using your Internet network and it's a far richer, more flexible software-drive system."
 

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