Cisco CEO: 'Government regulation of IT will not achieve intended objectives'

Cabling Tweets' top 10 Tweets for Tuesday, October 23, 2012:

In a wide ranging talk conducted just before noon on October 23 at the Garnter Symposium/ITExpo 2012 in Orlando (1), Gartner's Richard Hunter and David Willis took the stage (2) to interview Cisco CEO John Chambers.

Mincing no words, Chambers said that "over the next 5 years the fabric of IT will be deeply embedded with every business process (3)."

"Of the top 6 IT vendors, only three or four will be in top six 5 years from now," he added (4). "Any of the top 6 vendors who think they will be in top 6 in next 5 years are probably wrong," the Cisco CEO reportedly said (5) -- owing to the "magnitude of the changes" that stand before the telecom and datacom industries in the coming years.

To that end, at the talk, Chambers' main contention (6) was that "the Internet of Everything will be the platform of the future" -- to which he added provocatively (7) that "government regulation of IT will not achieve [its] intended objectives."

And that wasn't all, in terms of provocative networking industry takes from the Cisco chieftain -- just see his reported comments on competitors Oracle (8) and HP (9).

"When I compete, even with friends, I compete to win (10)," said the Cisco CEO.

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-- Matt Vincent, Senior Editor