Openness fundamentally affects a lot of the core institutions in society - the media, the economy, how people relate to the government and just their leadership.

Companies face a handful of different risks, whether it is competitors or different market environments. But I think that people focus way too much on competitors and not enough on their own execution.

Almost any mistake you can make in running a company, I've probably made

Look at the way celebrities and politicians are using Facebook already. When Ashton Kutcher posts a video, he gets hundreds of pieces of feedback. Maybe he doesn't have time to read them all or respond to them all, but he's getting good feedback and getting a good sense of how people are thinking about that and maybe can respond to some of it.

I do everything on my phone as a lot of people do.

Connecting everyone is going to be something that no single company can do by themselves. So I'm really glad that they and a lot of other companies are working on this.

It took 10 years to go from building the initial Smartphone to reaching the mass market. BlackBerry came out in 2003 and it didn't get to about a billion units until 2013. So I can't imagine it would be much faster for VR.