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Well, another market is being created now out of Internet technology.

I would say the consumer Internet companies - in a lot of ways, if you go inside the consumer Internet companies and you see how they run, it's how all their businesses are going to run.

The Internet represented a really important tool that would be used by every business out there to some extent. But for the vast majority of companies to say, 'We're an Internet company,' is a little bit like saying, 'We're a fax company because we have a fax machine.'

It's a lot easier to gain traction when there is such a great proliferation of Internet access. The velocity at which some of these startups are gaining traction is mind-boggling. Companies like ShoeDazzle, Stella & Dot, Gilt, Groupon - these companies are going from zero to hundreds of millions in revenue in three years.

Well, the future of the Internet is... Reality.

The internet population is going up and up. I am confident that this will be a huge market.

As each year and debate passes, more broadband companies will start to see that their future lies not in restricting an open Internet but in betting on it.

The internet has become one of the motors of the 21st century economy, allowing all of us to reach a global audience at a click of a mouse and creating hundreds of thousands of businesses and millions of jobs.

Look at electricity in human history - it took a few decades for electricity to really revolutionize the American economy. And the Internet will be the same. At some point in the future, we will arrive at a new era of low-hanging fruit.