IT is getting older
Today, everybody is older and wiser. Given the current recession in IT, the idea of a parallel digital universe where the laws of economic gravity do not apply has been quietly abandoned. What has yet to sink in is that the current downturn is something more than the bottom of another cycle in the technology industry. Rather, as this survey will argue, the sector is going through deep structural changes which suggest that it is growing up or even, horrors, maturing. Silicon Valley, in particular, has not yet come to grips with the realities, argues Larry Ellison, the chief executive of Oracle, a database giant (who at 58 still sports a youthful hairdo). "There's a bizarre belief that we'll be young forever," he says. [Economist]

Some really good reads about how the IT industry is getting older and wiser from the Economist in their survey on the IT industry.