Link: Internet Traffic Begins to Bypass the U.S. - NYTimes.com. No this post is not about Clay Shirky's new book by the same title (which I have bought and is on my reading list) but rather about the growth of the Internet worldwide and the implications for American entrepreneurs.
On the one hand, the link above just points to another sign that Globalization is leading to a more level playing field, and that usually means more competitive pressure on American firms. There is no doubt we will continue to see this trend emerge, witness the recent layoffs at "Big Law." However with change comes opportunity. Forward looking American businesses ( some law firms certainly qualify) will turn this challenge on it head and not only survive, but in all likelihood thrive!
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