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Craig: on change, democracy and technology

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

NEW YORK -- Craigslist founder Craig Newmark sees light at the end of this economic downturn, with technology and teamwork serving as sparks for a recovery. "Our system of representative democracy, with its flaws, works OK. What's different now is the Internet makes this grassroots democracy possible on a large scale," said Newmark, an avid supporter of President-elect Obama, during an appearance Wednesday at the Real Estate Connect conference in New York City. "Instead of thousands of people getting involved, we can get millions and maybe tens of millions involved, and that's just beginning to happen. It's a start." He added, "I see the beginning of people working together, actually from the bottom up, to support some of the programs that we're going to need to get the country back on track." The craigslist empire includes sites in about 550 cities in 50 countries, with about 12 billion page views and 50 million users per month. He works in...