The first "internet revolution," in Steve Case's view, simply involved getting people connected, and making the Internet ubiquitous. This has taken place over the last 25 years or so. 

So what will the next 25 years look like?

It will be about "using the Internet to improve the way we live our lives in pretty fundamental ways," says Case, the co-founder of AOL and the current Chairman and CEO of the investment firm Revolution. 

These fundamental areas include how we learn, how we stay healthy, how we get around. This is no small matter, as the health care, education, energy and other industries that will be impacted are huge. They represent half of the economy. 

As Case points out, some things, like media, have changed a lot since the first Internet revolution. And yet, there are many, many more industries that have not changed all that much, and are ripe for disruption.

Case gave these remarks in a conversation with former Thomson Reuters CEO Tom Glocer at The Nantucket Project, a festival of ideas on Nantucket, MA.

Watch the video here.