Megan Garber of MIT’s Niemen Lab caught Google CEO Eric Schmidt‘s comments last night at the American Society of News Editors conference in DC. Here are Schmidt’s thoughts on data:

Between the dawn of humanity and 2003, roughly 5 Exabytes of information were created. (An Exabyte is roughly a million gigabytes.) We generate that amount in every two days now… So there is a data explosion. And the data explosion is overwhelming all of us. Of course, this is good business for Google and others who try to sort all this out.

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