If I were Mark Zuckerberg or any of these guys, I would say, "My God. How does the world expect us to deal with this?" I mean, it's too big a responsibility; I think they're going to welcome this. They'll maybe keep it in the private sector, but they'll welcome some form of regulatory operation because they've been so successful that they are a global, public good. Everyone needs them.

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.

Economic activity is no longer an adversarial contest between embattled sellers and buyers "In the distributed economy, where collaboration trumps competition, inclusivity replaces exclusivity and transparency and openness to others becomes essential to the new way of conducting business, empathic sensibility has room to breathe and thrive. It is no longer so constrained by hierarchies, boundaries of exclusion, and a concept of human nature that places acquisitiveness, self-interest, and utility at the center of the human experience."

In this country, the health concerns and the environmental concerns are as deep as in Europe. All the surveys show that. But here, we didn't have the cultural dimension. This is a fast-food culture.

Generations of human beings were transformed into machines in the relentless pursuit of material wealth: We lived to work.

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.

Many of the genetically modified foods will be safe, I'm sure. Will most of them be safe? Nobody knows.