"The digital age is connecting entrepreneurs and consumers in faster, cheaper, and more creative ways. Starting a business is always going to involve risk and uncertainty, but the IT revolution is making it cheaper and easier for people to give it a shot. At a time when the job market for college grads is weak, and graduate degrees are becoming more expensive and less effectual, internet-based entrepreneurialism is looking more and more attractive.
"Via Meadia’s advice to budding tycoons: think outside the mainstream institutions. A whole new age of small business is rising fast. And to the Luddites who can’t imagine a world filled with good jobs as manufacturing employment joins agricultural employment as a dying institution: the world of the future will be richer in opportunity and offer more and more interesting work than anything we have ever seen in the past."