"Most likely ... the Internet's role as a site of radical business and technology innovation, and its status as a revolutionary force that disrupts existing social and regulatory regimes, is coming to an end."

An extremely pessimistic view of the problems with the ICANN. The thing is that if ICANN becomes bad enough that it makes sense to do away with it, its a simple matter to create and promote an alternative DNS system. It may be hard to make it ubiquitous, but on the other hand, there is nothing they can do to stop you.

Salon.com Technology | The end of the revolution