The Internet Revolution Continues
First it was big business. Amazon and others took on the big corporations in the 1990's. Some survived, some didn't but they changed the way business operates. People were stunned by the speed and power of the revolution against brick and mortar institutions. The music industry in particular was nearly destroyed and still hasn't developed a model for the internet age.
Next it was political parties. Howard Dean nearly hijacked the Democratic party last fall based on internet donations and communications. Moveon.org continues to develop that trend.
Now bloggers have dealt a huge blow to a major news organization, one of the pillars of American journalism. Other news outlets should be on notice.
The big questions is, who's next? What is the next big institution to feel to power of the internet?