Delivering the keynote address at the 1995 COMDEX trade show in Las Vegas, Louis V. Gerstner, Jr. outlines IBM's vision of network computing, declaring that "we're betting much of our future on it." He tells an audience of more than 7,000 customers, journalists and industry leaders, "the implications of network-centric computing go on and on. It will transform every business, organization and institution in the world. It will create winners and losers. It will change the way we do business, the way we teach our children, communicate and interact as individuals."