In our lifetime, every human being will have access to every piece of information on the planet, according to Google chief executive Eric Schmidt.
Schmidt said graduates, who have 500 times more storage on their iPod than the mainframes used for the first six US lunar missions, had at their disposal the tools to become the greatest generation to date.
History has shown that "good things happen in recessions", he said, referring to innovations such as the beer can during the great depression of the 1930s.
Schmidt encourages graduates to embrace an emerging culture of innovation and to use technology to do things in a group.
"Groups are strong and groups are faster. None of us is as smart as all of us, so use Twitter and the like as a form of social intelligence," he said.
Information serves as a check and balance on politicians, he said in a speech posted on YouTube.
Repressive regimes can be attacked with information. By making things known by using of the technology tools now available, current and future generations can make the world a better place, he said.
Schmidt was speaking at a graduation ceremony at Carnegie Mellon University (CMU) in Pittsburgh, Pennsylvania yesterday.