>When the Internet was new, there was a perception in some quarters that it was New and old orders were about to be overturned.
And they still might be overturned, it is much too early to call it in either direction.
>The Internet revolution has played out. It is now part of the background, just like the printing press.
The Gutenberg printing press was invented in 1440, the protestant reformation didn't start until 1517 (77 years later). The growing impact of the printing press was still being felt 200 years later. Imagine someone writing in 1480 about the printing press being played out.
"People always overestimate the impact of a technology in the short term and underestimate the impact of a technology in the long term."