I think capitalism will not disappear, but it's going to increasingly not be the exclusive arbiter of economic life. It's going to have to find value in interacting with the sharing economy on many levels. And this hybrid system that's already emerging among millennials is going to be a mature system where, by midcentury, part of the day will be in the capitalist market, part of the day in the sharing economy, depending on your marginal costs.

What makes the IoT a disruptive technology in the way we organize economic life is that it helps humanity reintegrate itself into the complex choreography of the biosphere, and by doing so, dramatically increases productivity without compromising the ecological relationships that govern the planet.

The revolution here is from hierarchical to lateral power. That's the power shift. So increasingly a younger generation that's grown up on the internet and now increasingly distributing renewable energies, they're measuring politics in terms of a struggle between centralized, hierarchical, top-down and closed and proprietary, versus distributed, open, collaborative, transparent. This shift, from hierarchical to lateral power, is going to change the way we live, the way we educate our children, and the way we govern the world.

We are already producing enough food to feed the world. We already have technology in place that allows us to produce more than we can find a market for.

With the communication internet, whole industries have been disrupted. You're in the publishing industry, you understand that. Before, we had newspapers, magazines - now you're on the web. I'm in book publishing. I don't have to tell you what's happened to us. Television has taken a hit. The music industry. But, thousands of new businesses have emerged on this new communication revolution platform. Not just Google, Facebook, and Twitter. There are thousands of operations. Businesses that are doing the platforms, the apps. They're mining the big data. They're creating the connections.

Solar and wind are now cheaper in many places than some fossil fuels and within the next two years, three, four, five years at the most. What the exponential curve does isn't going to go away. It is totally over for fossil fuels and nuclear. Nuclear's actually gone out.

The EU Constitution is something new in human history. Though it is not as eloquent as the French and U.S. constitutions, it is the first governing document of its kind to expand the human franchise to the level of global consciousness. The language throughout the draft constitution speaks of universalism, making it clear that its focus is not a people, or a territory, or a nation, but rather the human race and the planet we inhabit.