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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.

The Internet has made us richer, freer, connected and informed in ways its founders could not have dreamt of. It has also become a vector of attack, espionage, crime and harm.

Even in developing markets, we're seeing the growth of digital communication is proceeding at a very rapid pace.

I don't think anybody would argue now that the Internet isn't becoming a major factor in our lives. However, it's very new to us. Newsreaders still feel it is worth a special and rather worrying mention if, for instance, a crime was planned by people 'over the 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 important thing to remember with the Internet is that there are large companies that have an interest in controlling how information flows in it. They're very effective at lobbying Congress, and that pattern has locked down other communication media in the past. And it will happen again unless we do something about it.

In the space of one lifetime, the Internet has opened up opportunities that were previously inconceivable.

The Internet has changed everything. We expect to know everything instantly. If you don't understand digital communication, you're at a disadvantage.

I think most of the important stuff on the Internet has been built. There will be continued innovation, for sure, but the great problems of the Internet have essentially been solved.

The Internet has changed the way we communicate with each other, the way we learn about the world and the way we conduct business.