Dr Ralph W. Wyndrum said that developers must "benefit the public good by balancing the needs of users and society".
The comments were accompanied by praise for the development of the new Internet Protocol (IP) that will exponentially increase the number of assignable IP addresses on the web.
He cited advantages of the new protocol, known as IPv6, as simplified mobility, reduced network administration costs, and improved overall network efficiency.
Dr Wyndrum projected that IPv6 could lead to new jobs and serve as a stepping stone for the next "killer web application".
He cited internet on demand and the development of new consumer devices, including appliances that can be controlled on the web, as examples.
IPv6 allows every device to have its own unique identity, and will allow for immediate notification each time personal bank accounts are charged, for example, helping to transform e-commerce and online banking.
Dr Wyndrum said that IPv6 is now a global product and that other nations are "hard at work transforming the new internet". He also believes that the US must lead in setting standards for the new protocol.
With a recent Frost & Sullivan study suggesting that the internet will exhaust the old protocol's addresses by 2012, the IEEE-USA president called for a "concerted and orderly" transition to the new protocol.
Dr Wyndrum pointed to the US Office of Management and Budget mandate that all federal networks must be able to send and receive IPv6 packets by mid-2008, and that Lucent estimates it will need three more years to convert its customer mobility applications to support IPv6.
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