This talk from Fred Wilson discusses the transition from hierarchical, bureaucratic systems to networked systems and the effect that has on business models. Well work watching.

At one point he says, "We are all a node on the network." My take: This is still imperfectly realized. Actually, we're all a collection of uncollated nodes on the network. The problem is that all my apps and services are silo'd. Big data won't solve this problem. APIs won't solve this problem. Personal clouds will.