THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. DEBORAH MARCHINI, CNN ANCHOR: We've been talking this morning about the next generation of the Internet. Here to shed some more light on what it may look like, and what will IBM is going to pay is Ian Rodger of the "Financial Times." Ian, good morning.</s>IAN RODGER, "FINANCIAL TIMES": Good morning, Deborah.</s>MARCHINI: IBM making a rather large investment in some new technology. How would it change the Internet? And how would it affect IBM's competitive position?</s>RODGER: Well, on the first question, the sort of model that they're saying is you've got to think of this like we think of the electricity grid or our water supplies. It's sort of making the Internet a computer power of storage capacity and of libraries of application software. Like a utility, you call it all up when you want it. You have immense power there. Initially, it's a science-driven thing. NASA has been at the forefront of it and a high capacity physics laboratory in Chicago as well. And so you can see a lot of power being brought together to cure cancer or even unfortunately perhaps develop more nuclear weapons -- whatever. But that's the sort of model. Now, what's IBM's interest? I mean, if you think again of a utility model, you're there. They say that this gives the possibility of sharing all capacity, but share if sort of the easy word for it. Actually, it gives them the opportunity as the supplier and a pioneer in it to sell capacity, hardware, software, anything to dozens and dozens -- well, hundreds, thousands of users around the world. That's the game.</s>MARCHINI: All right. Fascinating topic. Ian Rodger of the "Financial Times." Thank you. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
Next Generation of the Internet