And that's nothing; consider the second piece of news. This one is out of UCLA: Among Internet users the Internet is now more important than television, radio, and magazines. For veteran Internet users, you can also add newspapers and books (BOOKS!) to that list.
So even as we were following the Bubble burst and concluding that the Internet era was over, the Net quietly became the single most important information source in the industrialized world. It is even doing what was once thought impossible: cutting into television viewing time. Ponder that, and what it means to our society in the years to come.
I don't know about you, but even after 20 years' warning, I'm still not ready for what's coming.
Michael S. Malone, once called “the Boswell of Silicon Valley,” most recently was editor-at-large of Forbes ASAP magazine. His work as the nation’s first daily high-tech reporter at the San Jose Mercury-News sparked the writing of his critically acclaimed The Big Score: The Billion Dollar Story of Silicon Valley, which went on to become a public TV series. He has written several other highly praised business books and a novel about Silicon Valley, where he was raised. For more, go to Forbes.com.