"The internet will disappear" says Google’s Eric Schmidt at Davos

"The Internet will disappear," said Google executive chairman Eric Schmidt at a panel discussion at the World Economic Forum in Davos, Switzerland, where the world's brain trust had gathered to discuss everything from technology to the economy.

As the audience sat in shocked disbelief, Schmidt clarified saying the internet would become so seamlessly integrated into our daily lives that its presence would simply fade into the background.

With wearables gaining traction and homes getting smarter and more connected, Schmidt saw a future where the internet is all around us.

"It will be part of your presence all the time," Schmidt said, according to CNET. "Imagine you walk into a room, and the room is dynamic. And with your permission and all of that, you are interacting with the things going on in the room."