Summary
The late Petr Beckmann, who taught electrical engineering at the University of Colorado, used to say that only profound technological change can transform the social order. Network television audiences are melting away and look at what's happening to the stock price of the New York Times (stock symbol: NYT).
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A Slow-Motion Revolution
EVEN IN THE QUIETEST OF TIMES it's hard to figure where the country is headed, but in a revolution it's impossible. And we are living through a revolution-a slow-motion one, or perhaps not so slow. I refer to the transformation ushered in by the hightech world. Its consequences are likely to be as farreaching as those of the printing press, but it's all happening much more quickly than Guten...
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