Law Students

Link: Michael Arrington - The TIME 100 - TIME. Is this is a sign of things to come? No. Blogging (and new media in general) have completely transformed journalism. It is game, set & match. It has been for awhile. That is not news. So super blogger Arrington (of TechCrunch fame) makes the TIME 100, that is yesterday's news as well. Congratulations to Mike, but this is not a signal of anything, except the past.

New media will transform ALL knowledge based industries, including the practice of law. That has been a constant mantra here at Web-tones, but in some ways it is just stating the obvious. The transformation is already well underway. By the time the MSM starts writing about it, the transformation will probably be nearly complete for the early adopters. It is the way things work on the web. Right now, as we speak, there are cutting edge boutiques already creating the fodder that will be written about. There are even more fast followers lurking at the edges waiting for an opportunity to make a move.

But seeing a transformation of knowledge based industries is really not very visionary at all. It is an obvious extrapolation of where we are today. The reality is that EVERY industry is a knowledge based industry. Name one that isn't? The transformation that we are seeing is to the economic order as a whole. It is more far sweeping than the industrial age and the information age combined. The kinds of creative destruction that we are likely to see cannot be adequately described because we are only at the cusp.

It should be a fun ride. These are the most interesting of times.