I happened the other day across a very interesting TV program about life in the U.S. in 1900. During this PBS show, one of the commentators relayed a variation on the often quoted notion from a U.S. Patent Office director who said, in essence, that everything which could be invented had been.
Internet technology can facilitate the re-engineering of corporations by making the paths of communications more flexible. No longer is it necessary to have 20 layers of management between the worker on the shop floor and the CEO.