If you’ve been following the news, you may be aware of the growing struggle over control of the internet. At issue: the United States wants to retain control, no one else wants to let them.
A real fear is that if the major players can’t come to some sort of agreement, it could lead to country-specific segregation. The global nature of the net would crumble as national sandboxes prevent incoming or outgoing connections to other local networks, through active censorship or simply benign incompatibility.
But I guess there’s a silver lining. With ICANN’s moves of late being the approval of boneheaded top-level domains like .mobi, among others, I wouldn’t be terribly upset were they replaced.