Google's Not Making You Stupid, It's Making You Obsolete! | ClickZ

Technological advances often lead to major economic changes. Those changes, one would argue, never are painless, as such evolutions tend to destroy existing businesses and ways of life, while enabling new ones.

Google and many other companies just like it, including Microsoft, Facebook, Apple, Twitter, will have profound impact on some existing sectors of the economy, while enabling the growth of new sectors.

It is, and will be, painful, in large part because losers tend to be concentrated in some regions and industries, while winners are located in other regions and industries. At one time 97 percent of Americans lived and worked on farms. Today, perhaps three percent do so. The economic shift behind those changes was similarly painful. The current shifts are likewise difficult, as we are well down the road of shifting from an industrial economy to an information economy.

Google's Not Making You Stupid, It's Making You Obsolete