Well, let's think open ended here.
Nobody's ever tried this internet thing out before. Two things appear to be true, to a moderate degree:
- western economies are, more and more, information based. While we still make lots of stuff, more and more what we do is create, manipulate, and distribute information and intellectual property.
- intellectual property as currently conceived is becoming irrelevant. The digital age has made copying SO trivial that the legal machinery surrounding intellectual property is quickly becoming irrelevant.
It is not at all clear that anything sensible can be rescued from this. Plenty of very clever people have been thinking about this for 20 or more years, and the various proposals are going nowhere. Intellectual property is at risk of succumbing to a variation of the tragedy of the commons, and since nobody has ever tried this before we have no idea what's going to happen. It is not at all clear that western civilization as we know it is gonna survive at all, and it is fairly clear that substantial changes are in the offing. At the very least, the entertainment industry in 100 years will be unrecognizable, and given the reach of intellectual property into all walks of life, there's a lot of potential for surprising side effects.
It's gonna be an interesting century.