Throughout the 20th century, we created wealth through vertically integrated corporations. Now, we create wealth through networks. We are at a turning point in human history, where the industrial age has finally run out of gas.

Teachers are no longer the fountain of knowledge; the internet is.

Business cannot succeed in a world that is failing.

Peering succeeds because it leverages self-organization—a style of production that works more effectively than hierarchical management for certain tasks.

In one sense, the Internet is like the discovery of the printing press, only it's very different. The printing press gave us access to recorded knowledge. The Internet gives us access, not just to knowledge, but to the intelligence contained in people's crania, access to the intelligence of people on a global basis.

The social world is transforming the way we create wealth, work, learn, play, raise our children, and probably the way we think.

If you work for and eventually lead a company, understand that companies have multiple stakeholders including employees, customers, business partners and the communities within which they operate.