AOL co-founder and former CEO Steve Case told FOX Business on Wednesday the next big opportunity is in the third wave of the internet. “The third wave is now happening. It’s really integrating the internet in seamless ways throughout health care and energy, food, agriculture, transportation [and] smart cities,” Case told Maria Bartiromo on “Mornings with Maria.” In his opinion, “we are kind of peak Silicon Valley,” and despite “some tough big brother privacy issues surrounded around cyber terrorism bringing down some of these smart cities,” a more inclusive innovation economy will begin to emerge.