Creative Destruction In Hyperdrive

Alan Jacobs is amazed by how quickly Apple transformed from a "marginal company" into "the largest company in the world":

Everything moves faster in a wired world, including the pace of change in business. AT&T may have dominated American communications for a century, but now economic shifts are happening at Koyaanisqatsi speed. A decade from now the landscape of the technology business will sure look very different than it does today. Maybe by 2022 Apple and Amazon will be marginal companies once again — underdogs that I can feel good about supporting.