How the web will look in 5 years time

So according to Google CEO Eric Schmidt,the internet will be dominated in five years time by Chinese charactors and social media.

Read Write Web have handily summarised his 45 minute interview including

1.that today's teenagers are the model of how the web will work in five years - they jump from app to app to app seamlessly.

2.Within five years there will be broadband well above 100MB in performance - and distribution distinctions between TV, radio and the web will go away.

3.people will listen more to other people than to traditional sources. Learning how to rank that "is the great challenge of the age." Schmidt believes Google can solve that problem.