[Steve Hoover, CEO of PARC] likens today to desktop publishing decades ago when it started to reach the masses. At the time, some people thought, “That’s for the den mothers to make their monthly newsletters,” he said. Of course, it turned out to be much more. Self-publishing technologies allowed people to more easily become creators, which in turn gave consumers more content choices outside of mass media. Fast-forward to today, and you can see how much the media world has changed because of technology that gave individuals the tools to publish on their own.
Marcus Chan, writing on “Innovation in 2013,” for Bloomberg