There is still some way to go before this futuristic vision is a reality, but the technology exists today - and all that remains is to make the right connections. We are tantalisingly close to a world where news can be broadcast instantly - 24 hours a day, from anywhere in the world - the moment it breaks.
In a better world, we would have a total split between wholesale provision of Utilities and retail sale of access. Massive, international firms would be immune from some anti-monopoly laws as long as they pushed it all forward year on year and could only make money from keeping their retail, consumer facing customers happy.
The next step in the communication revolution is to have a conversation with any person, anywhere in the world, as if they were in the room next to you. The latest development on the road to that becoming a reality is the creation WebRTC (Web Real-Time Communication), which is paving the way to reach a new level of connectedness.