Don Tapscott

In one sense, the Internet is like the discovery of the printing press, only it's very different. The printing press gave us access to recorded knowledge. The Internet gives us access, not just to knowledge, but to the intelligence contained in people's crania, access to the intelligence of people on a global basis.

Leadership is happening, but it's not coming from the leaders of the old institutions. Everywhere you look, you see these extraordinary, sparkling new initiatives that are under way.

Just as the Internet drops transaction and collaboration costs in business and government, it also drops the cost of dissent, of rebellion, and even insurrection.

Industrial capitalism brought representative democracy, but with a weak public mandate and inert citizenry. The digital age offers a new democracy based on public deliberation and active citizenship.

There's a whole generation of young people who are faced with the so-called 'jobless recovery.' Necessity is the mother of invention. They are out there, all around the world, creating new companies.

Wherever you are, design your life. Live the values of your generation.

If you work for and eventually lead a company, understand that companies have multiple stakeholders including employees, customers, business partners and the communities within which they operate.

The blanket assertion that corporations are people obfuscates the complex issues at play in the changing business world. Corporation are institutions. People are people.

Don't have work-life balance - at least in the sense of trying to escape from work so you can have a life. Work should be fun - so make work enjoyable and satisfying for everyone - among other reasons because it pays off.

Leaders of institutions everywhere have lost trust. The global economy is stalled and the world is deeply divided, too unequal, unstable and unsustainable.

Knowledge is exploding, so you need to commit yourself to a plan for lifelong learning.

We are at a punctuation point in human history where the Industrial Age and institutions have finally come to their logical conclusion. They have essentially run out of gas.