Always Make New Mistakes.

What's Really Going On Here Is, This Is A Media Shift. It's Comparable To What Happened In The 1950s And The Birth Of Electronic Mass Media Back Then.this Is The Birth Of A New Kind Of Personal Media, Where, Instead Of We're All Watching One Program, We're All Watching Each Other. And The History Of Media Makes It Really Clear. Whenever We Have A Big Innovation, The First Wave Of Stuff We Do Is Pretty Crummy. The Printing Press Gave Us Pornography, Cheap Thrillers, And How-to Books. Television Gave Us Newt Minow's Vast Wasteland.

Internet Becoming Accessible Everywhere, Whether It Was Wi-fi At Work, On Your Cell Phone As You Traveled. People Had It At Home With Broadband. There Was A Big Change.it Used To Be People Used The Internet Primarily At Work, Because That's Where They Had A Good Connection. Now They're Using It At Home. And The Second Big Change Is, They Used It Not Just To Get Information, But To Communicate With One Another. And, So, It Became Not Simply An Information Exchange, But A Personal Exchange, A Communication Mechanism.

We Had Made A - Sort Of A National Decision That We Wanted To Be This Intellectual Property Country, Where We Would Have Things Manufactured In China, But We Would Do The Design, We Would Do The Creative Stuff.and Now What We Have Done Is, We Have Forgotten That That's What We Wanted, And We're Making The Intellectual Stuff More And More Free. And, So, We're Sort Of Left With Less And Less.

The Internet Is An Incredible Business Tool. First Of All, The Internet/the Cell Phone - The Cell Phone Is Just Another Way To Get At It - I Think Is Having A Huge Impact In Africa Most Particularly, Where It Enables People - Suddenly, They Know Crop Prices. They Can Communicate. It Makes Their Lives More Efficient.

It's Not That You Have Jobs On The Internet, But The Internet Makes It Possible For More People To Build Their Own Jobs. What It Does Is, It Erodes The Power Of Institutions. It Used To Be You Needed An Institution To Have A Job. But, If You Look At The Three Of Us On This Show, I Don't Think Any Of Us Is Really Employed By An Institution. We Run Our Own Lives.