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There is an underlying, fundamental reliance on the Internet, which continues to grow in the number of users, country penetration and both fixed and wireless broadband access.

In the next 10 years, I expect at least five billion people worldwide to own smartphones, giving every individual with such a phone instant access to the full power of the Internet, every moment of every day.

Eight billion people will have Internet access by 2020.

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.

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.

As a society, we haven't spent as much time building the citizen Internet.

When I hear people express extreme optimism about the Internet, I say, we've had it in mature form for about ten years. Macroeconomically speaking, those are about the worst 10 years we've had since about the 1930s. I don't blame the Internet for that - that would be ridiculous.

The Internet, the network of networks, is growing at an exponential pace. It's growing so fast, in fact, nobody really knows how many people use the Internet.

Being able to compete for consumers' attention and dollars over the preciousness of access is a thing of the past. Everyone is using the Internet to globally market a product.

The thing we have to be careful of is that the Internet is a global communications medium, and if one country tips the balance in regulating its use or regulating what companies or individuals do on the web, it could have an economic impact that might be unintended, quite frankly, by the regulations themselves.