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Facebook is at the forefront. It's the company that can fundamentally change the way information is being exchanged and processed. It can be the basis for artificial intelligence to develop over time.

Yuri Milner

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Yuri Milner
Age: 63
Born: 1961
Born: November 11
Entrepreneur
Physicist
Moscow
Russian SFSR
Yuri Borisovich Milner
Yuri Bentsionovich Milner
Information
Forefront
Company
Processed
Change
Fundamentally
Way
Artificial
Time
Basis
Bases
Develop
Intelligence
Exchanged

More quotes by Yuri Milner

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It is hard to think of practical applications of the black hole. Because practical applications are so remote, many people assume we should not be interested. But this quest to understand the world is what defines us as human beings.
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I am not an oligarch. I am a servant and I try to align my interests and those of my investors.
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The problem is that modern fundamental physics is so far from you and me. The mathematics has become so much more complicated that you need at least 10 years to understand it. Fundamental physics has advanced so far from the understanding of most people that there is really a big disconnect.
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Facebook can be an accumulation of different intelligences.
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Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.
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I don’t think there’s any company that has reached $1 billion in revenue as fast as Xiaomi. In every conceivable benchmark, it’s almost unprecedented in terms of its speed of growth.
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There is huge demand for artificial intelligence technologies.
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Science is one of a handful of things that defines us as a very special species. It is amazing how far we have been able to get and how accurate our predictions are. I think understanding how the universe was born is very important. It really gives us a perspective on many things.
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You can transmit a thousand times more information.
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Google never knew how successful key words would be.
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The hardware and the software used in the Breakthrough project will be compatible with other telescopes around the world, so they too can search for intelligent life.
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The company that creates one global social graph will be very important going forward. It will be Facebook, with maybe 2-3 local social networks able to sustain competition long term.
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Facebook can be an accumulation of different intelligences. Ask a question, translated into many languages and somebody, somewhere in the world, will have an answer.
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You have to travel globally today to know what's going on and maintain an edge.
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It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.
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The largest newspaper in the United States is only reaching 1 percent of population. We are kind of assuming that 'Wall Street Journal,' 'USA Today,' and other newspapers are very important. Yes, they're extremely important, but only to 1 percent of the population on a daily basis.
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It’s not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line.
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I have this ratio that if you divide age of entrepreneur by market cap of company. For Facebook it's one. Every year of his life Zuckerberg has been making $1 billion for investors.
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Big Internet companies on average are capable of generating revenue of $1 million per employee, and that compares to 10 to 20 percent of that which is normally generated by traditional offline businesses of comparable size.
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Facebook didn't know how successful Zynga would be.
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