Today, no one would dispute that information technology has become the backbone of commerce. It underpins the operations of individual companies, ties together far-flung supply chains, and, increasingly, links businesses to the customers they serve. Hardly a dollar or a euro changes hands anymore without the aid of computer systems.

There are a whole lot of reasons to be very happy that our brains are able to adapt and adapt so readily because we do strengthen and become more efficient at things we do a lot of in changed ways of thinking that we might need.

Once I was a scuba diver in the sea of words. Now I zip along the surface like a guy on a Jet Ski.

In the long run, though, the greatest IT risk facing most companies is more prosaic than a catastrophe. It is, simply, overspending. IT may be a commodity, and its costs may fall rapidly enough to ensure that any new capabilities are quickly shared, but the very fact that it is entwined with so many business functions means that it will continue to consume a large portion of corporate spending.

What I had thought were signs of a broken educational system - the seemingly random placement of commas, the spastic syntax, the obnoxious overuse of quotation marks, the goofy misspelling of 'Jouralism' - were actually signs of the New Instantaneousness. 'Instant Jouralists' cannot be concerned with punctuation and grammar and spelling. That stuff just 'slows you down.' To be an 'Instant Jouralist,' you have to write as if you were being pursued by a cheetah across the Serengeti.

What the Net does is shift the emphasis of our intelligence, away from what might be called a meditative or contemplative intelligence and more toward what might be called a utilitarian intelligence. The price of zipping among lots of bits of information is a loss of depth in our thinking.

All reading was done in the early years out loud, there was no such thing as silent reading because you had to read out loud in order to figure out you know, where was a word ending and where is the word beginning.