It no longer seems shocking to us because we've forgotten the vocabulary but that was enough to get the Catholic Church very upset back then. Well the same thing is happening today. But the one percent that remains around really is information that will change our lives. More and more commerce is going to occur in electronic environments but what will happen is that as we do more electronically there will be more and more happening in the real world. But again we're reinventing the shopping experience today.
Malls are in trouble.
People want to come back to urban cores but the fact is that the more and more you move bits around on the Internet and online systems, the consequence is you're going to move more and more stuff around on the planet. Companies like Federal Express are setting up new logistics operations precisely to respond to the expected increase in the movement of stuff. Businesses really do have to be on line. If I were running a company in just about any business category today, I would be saying how do I build a presence on the Internet and, either use it directly to run my business and develop commercial opportunities or say I'm going to use this as a way of understanding what might be working over the horizon for me. It is business malpractice to ignore what's happening on the Internet today.