Owning the intellectual property is like owning land: You need to keep investing in it again and again to get a payoff; you can't simply sit back and collect rent.

Oh, that all the things my father had told me about how disgusting Washington is are true. And again it's the system - there are lots of nice, well-meaning people there. But it's a sleazy place. And politics is all about doing favors.

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.

Cyberspace still exists at the pleasure of the real world.

There's almost no way of doing importing honestly, because if you do you're at such a disadvantage competitively. So people spend huge amounts of effort getting around stupid laws and not paying taxes.

It may not always be profitable at first for businesses to be online, but it is certainly going to be unprofitable not to be online.

Change means that what was before wasn't perfect. People want things to be better.