More and more major businesses and industries are being run on software and delivered as online services - from movies to agriculture to national defense.

The smartphone revolution is under-hyped, more people have access to phones than access to running water. We've never had anything like this before since the beginning of the planet.

There's no such thing as the middle class. It's absolutely vanishing.

TV and the press have always functioned according to the same sets of rules and technical standards. But the Internet is based on software. And anybody can write a new piece of software on the Internet that years later a billion people are using.

A lot of things you want to do as part of daily life can now be done over the Internet.

Practically everyone is going to have a general purpose computer in their pocket, it's so easy to underestimate that, that has got to be the really, really big one.

The multipurpose device will always fail.