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The greatest impact of the Internet looks like being found in old firms, not new ones

<http://www.economist.com/opinion/PrinterFriendly.cfm?Story_ID=679981&CFID=2696022&CFTOKEN=14555033 >

E-management

Older, wiser, webbier

Jun 28th 2001

>From The Economist print edition  

The greatest impact of the Internet looks like being found in old firms, not new ones

THE spectacular bursting of the Internet bubble has led some to question the very importance of the net. Eighteen months ago, it was said that this was the greatest change since the Industrial Revolution two centuries ago, and thus that it would have a greater effect on productivity and management than did electricity and the telephone in the first quarter of the 20th century. Executives queued up to attend e-business conferences in order to learn how to bring the magic of the web to their companies, and speakers vied to produce the best soundbites. “E-business or out of business” was one of the favourites. And now? “Delete or, insert and” would seem the right adjustment to that slogan.

Not so fast.

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