I think we're entering an era where policy is going to matter more. Some of the sectors that are getting disrupted like health care and food and financial services tend to be regulated businesses. This is less about apps in the app store and more about the internet meeting the real world. And one of the things I've urged, which is part of the reason I'm on the board of TechNet is for a place like Silicon Valley to spend more time with policymakers.

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