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

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

To me, this is not an information age. It's an age of networked intelligence, it's an age of vast promise.

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.

Collaboration is important not just because it's a better way to learn. The spirit of collaboration is penetrating every institution and all of our lives. So learning to collaborate is part of equipping yourself for effectiveness, problem solving, innovation and life-long learning in an ever-changing networked economy.

We are at a punctuation point in human history where the Industrial Age and institutions have finally come to their logical conclusion. They have essentially run out of gas.

Business cannot succeed in a world that is failing.