The Internet is no longer just about creating a website and getting online. For those who think it is, the future is likely to be extremely uncertain in a landscape that has not changed so dramatically and fundamentally for generations.
That's because electronic commerce is literally deconstructing and transforming many industries and markets in Asia and throughout the world. The new information economics brought on by technology and deregulation is melting the glue that has held value chains together. When you can reach suppliers cheaply anywhere in the world, the old supply chain falls apart. When you can take information directly to end customers, the ideas of sales channels and middlemen are overturned....