Taoiseach Enda Kenny has rung the NASDAQ opening bell from the centre stage at the Web Summit.
He was joined on stage for the event by Paddy Cosgrave, the co-founder of the summit, along with other business leaders and politicians.
A live feed of the event was played in Times Square in New York and the pictures were broadcast around the world by a number of international broadcasters.
Almost 22,000 people from 109 countries are attending the Web Summit at the RDS in Dublin.
Organisers claim it is Europe's largest tech event.
The Web Summit first took place in Dublin four years ago and was attended by around 400 people.
This year, nearly 22,000 delegates will visit the RDS for the conference, with 86% coming from abroad.
The event has been broadened significantly, with 600 speakers, nine stages and a cinema for summits based around music, film, sport, food and technology.
Big name speakers include Peter Thiel, the co-founder of Paypal and first external investor in Facebook, Desperate Housewives actress and businesswoman Eva Longoria and former Apple chief executive John Sculley.
Around 13,000 hotel rooms and B&Bs have been booked and the overall value to the economy is estimated to be €100m.
After criticism in previous years, the organisers have tried to increase the number of female attendees, although just 15% of the speakers will be women.
The event, which has been dubbed Davos for Geeks, kicked off this morning.
Former Apple chief denies 'sweetheart deal'
The former chief executive of Apple has said the company never looked at a tax ruling by the Irish authorities in the early 1990s as a sweetheart deal, as it had a lot of precedent.
Mr Sculley was the chief executive of the tech giant at the time when the company received a tax ruling from Irish authorities, which is now the subject of an investigation by the European authorities.
Speaking to RTÉ News at the Web Summit, Mr Sculley said he had seen a precedent for the ruling first hand in his former job at Pepsi in the 1970s and early 1980s when a similar agreement was reached.
He said Apple then set up a similar agreement with the Irish authorities, with the goal of bringing employment to Ireland of highly skilled workers.
Mr Sculley said Ireland then and now has a very favourable tax advantage.
He said because taxes are so high in the US and so much business for tech companies is done outside the US, it made sense to find a tax-friendly environment, such as Ireland, that Apple wanted to invest in.
Mr Sculley said what is now making it such an issue for politicians is that Apple is so outrageously successful and has so much cash, and US politicians would like to get that cash back and tax it at the high US tax rate.
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