Underwriting the Internet

Chapter 10 The Revolution Lives

Jeffrey Skilling, having just resigned from the chief executive position at still-mighty Enron, avowed the continuation of the Internet Revolution in the August-September 2001 issue of Business 2.0. He passed along a prescient observation that, in spite of the dot-com implosion, the revolution lived on:

There have only been a couple of times in history when those costs of interaction have radically changed. One was the railroads, and then the telephone and the telegraph. And I think we're going through another one right now. The costs of interaction are collapsing because of the Internet, and as those costs collapse, I think the economics of temporarily assembled organizations will beat the economics of the old ...