The time for what you ask?
Clay speaks to the emergent power of a massive new social-capital. This massive new social-capital is an emergent collaborative amplification effect. This new collaborative social-capital arises spontaneously atop the organic social-fabric generated via the network-effect. A network-effect generated by the synchronization potential of near instantaneous communication between everyone and everything on the planet.
These kinds of collaboratively-synchronized, programable and reusable social-network-fabric, these distributively-synchronized social-activity-webs empower an unbounded, collectively-creative social interplay.
Next stop, the fabled Noosphere.