The Vatican doesn't get it. I don't mean condoms, Islam or a Holocaust-denying bishop. I'm talking about the Internet. When Pope Benedict XVI asserted that condoms worsen Africa’s HIV/AIDS plague, bumbling Vatican aides corrected him, either ignoring or unaware that accurate news coverage was everywhere forever on the Internet.
As the financial world churns and tosses, you might hear someone offer a warning against businesses becoming too complacent. "What the railroads failed to understand," this person will say, "is that they weren't in the railroad business." The moral: The railroad companies mistook their medium (trains) for their core product (transportation). The newspaper business is now being put through the railroad analogy grinder, and the comparisons are apt.