Newspapers have had a hard time adjusting to the market changes brought on by the internet. According to Clay Christiensen, even when managers could see what was happening, they often have not responded. Ironically, the stronger their institutions were before the change, the less likely they were to change.
Interesting. And perhaps this tells us something about our challenge in the 21st century to learn faster. With internet, the average pace of learning will accelerate. Or at least, that is the conventional wisdom. But that does not mean all of us will get smarter. Some will benefit more than others. Perhaps those who feel the most well off now will make the least of the new opportunities. This comment from a NYT montage of opinion about internet and learning, for example, is troubling
The rise of digital news sources is having little impact on the millions of Americans who are not that interested in the news,