The term was coined by Frances Cairncross back in 1997, and made the title of her book. I assume it was meant to include the idea that as a result of the communications revolution we wouldn't need to keep flying round the world for business meetings and conferences.
Why, then, is it that most of the 'Web 2.0' people I know seem to spend much of their time doing just that? Could it be that they do it for pleasure? Fine by me, just as long as none of them lectures me about carbon footprint size....
