Even IF the Internet becomes a big deal, we can catch up quickly. We can simply hire the e-recruiters that are out there and hook up to the net. Most carriage companies did not catch up and become automobile manufacturers. A few were acquired by the upstart auto guys. It is very difficult to accelerate the learning curve in technology.
New technology requires new mindsets and approaches.
It requires experimentation and a willingness to make mistakes and then move on. Traditional recruitment methods are dying. They are highly cyclical and difficult to scale. The reason traditional recruiters have been successful is because of the poor distribution of information that has existed in our industrial society. The recruiter was a re-distributor of information about people and jobs.