[oposa]

I have had similar thoughts. There is a lot to say about the information age, but I have mostly changed my perspective. I don't think it is a technological revolution, or more correctly because of the technological revolution, these things are happening. We probably overestimate how fast things change, and overlay what is an economic revolution onto recent technological development.

Shenzhen is sort of a good example since isn't actually that high tech. There is for sure innovation but it is mostly existing, and sometime even old, technology. It is both culturally and matter of fact disconnected from the West. Much more so than other centers in the region. It is economic factors that make manufacturing there possible more so than technological ones. You might even argue that USSR were more cutting edge, but of course US companies manufacturing there would have been mostly unthinkable.

The power outside of centers mostly weren't taken away by technology, but by trade, mergers and mortgages. Of course technology has a role, but I am not so sure much of it couldn't have happened by fax. I really think the movie wallstreet is more of an answer to what is happening than the social network is.