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One other phenomenon that excites me is the decentralization of startups rising in Indonesia,” adds Koto. “With my national travels, I have met wondrous regional non-Jakarta startups trying to disrupt the national landscape. Jakarta will soon be blindsided by various startups emerging from Makassar, Medan, Semarang, Bandung, and Surabaya.

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Many emerging markets have fallen in recent weeks and investors fear further losses in the near future. Fostering new technologies, innovation, and entrepreneurship are critical to their recovery. Brazil, Turkey, and Indonesia should embrace consumer and business friendly Internet policies instead of a government-centric approach that risks crippling the Internet. It is not too late for them to adjust course and leverage the free and open Internet to kick start their flagging economies.

I urge us all to examine ourselves, and acknowledge that we are all closer to perpetrators than we like to believe. The United Kingdom and United States helped to engineer the genocide, and for decades enthusiastically supported the military dictatorship that came to power through the genocide. We will not have an ethical or constructive relationship with Indonesia (or so many other countries across the global south) going forward, until we acknowledge the crimes of the past, and our collective role in supporting, participating in, and, ultimately, ignoring those crimes.

Which are the hot media markets?
When I talk to global media companies, India remains a country of focus where people believe there is long-term opportunity. China may be restricted from the foreign investment viewpoint in traditional media, but increasingly it is developing as a digital market. By 2016, 40% of ad spends in China would be digital. In the short run, Indonesia and Vietnam are hot markets. Others that are of significant interest are Turkey, Brazil and southern Africa.
Can you regulate media in the age of Twitter and Facebook? Does it make sense to have ownership restrictions?
I think traditional cross-media ownership is probably missing the point these days. Today, it is not about who is controlling what because ultimately the consumer is taking control. Cross-media ownership rules will go under the knife. Logically speaking, the power of the Internet has kind of challenged a lot of regulation. The pace of regulatory change is probably slower than the pace of technology change and certainly slower than consumer change. So they are in a catch-up mode. But every regulator is very much aware of these issues.
What would your advice to regulators be?
The advice to any regulator is that it is about thinking about tomorrow and not regulating yesterday.

Which are the hot media markets?
When I talk to global media companies, India remains a country of focus where people believe there is long-term opportunity. China may be restricted from the foreign investment viewpoint in traditional media, but increasingly it is developing as a digital market. By 2016, 40% of ad spends in China would be digital. In the short run, Indonesia and Vietnam are hot markets. Others that are of significant interest are Turkey, Brazil and southern Africa.
Can you regulate media in the age of Twitter and Facebook? Does it make sense to have ownership restrictions?
I think traditional cross-media ownership is probably missing the point these days. Today, it is not about who is controlling what because ultimately the consumer is taking control. Cross-media ownership rules will go under the knife. Logically speaking, the power of the Internet has kind of challenged a lot of regulation. The pace of regulatory change is probably slower than the pace of technology change and certainly slower than consumer change. So they are in a catch-up mode. But every regulator is very much aware of these issues.
What would your advice to regulators be?
The advice to any regulator is that it is about thinking about tomorrow and not regulating yesterday.