In order to protect against being disrupted, startups also need to recruit employees that are committed to life-long learning. The skills that made your team members valuable may not be the skills needed to take your company to the next level or to compete in emerging markets.

New ideas for innovation grow out of the minds of each new generation. Having an institution of higher learning that can help young people put those ideas into action is critical.

Just as the music industry couldn't combat the financial impact of digital piracy, major corporations will have to rethink how to maintain margins when many of their most profitable items can be easily manufactured at home.

Your innovation can create new winners and losers; or at the very least, make existing companies look fresh and innovative by partnering with you. Everyone wants to align with market makers.

Because the Internet is so new, we still don't really understand what it is. We mistake it for a type of publishing or broadcasting, because that's what we're used to. So people complain that there's a lot of rubbish online, or that it's dominated by Americans, or that you can't necessarily trust what you read on the Web.

I try to stay away from the Internet.

To this day, I continuously get social media people tweeting doing 'Glorious Bombs' from all over the world. You have little kids doing them. You have moms doing them who have no idea what they're doing, but they're doing it. It's become one of those entertaining things.

We fight wars from progressively great heights and distances, the blessings of technology steadily removing the personal human element from what was historically an extremely personal experience.