A New Internet Boom Epitomized by Google Is Dawning

The build-out phase of the information revolution is beginning, and Google is the first big winner of this phase. While it’s not clear that Google’s own business model justifies its steadily increasing valuation, its success is helping us put the “tech wreck” behind us and move on into a new business era. We’ll explain.

Very few companies get to a point where their names become both a noun and a verb in everyday parlance. In the 1960s, Xerox achieved that feat. But, the only company to come close to that ac.....