Transitioning into a 21st Century Economy - How long will it take?

Just a quick note and observation about the global economic revolution that is underway.

EDS put out a great video a few years back illustrating that replacing an existing IT system used in day-to-day business operations by an enterprise is like rebuilding an airplane while it is in-flight.  Take a look at this 'Airplane' video that is posted on YouTube.

Now, think about how much more complicated it is replacing a country's economy as we continue the process of transitioning from the Industrial Age to the Information Age.  Thousands of companies and whole industries are being replaced on the fly.

This is not a simple set of  problems and issues that are being addressed. Expecting a 'quick fix' from any politician or political party is ridiculous. We're all in this together and it's going to take a lot of time, effort, and resources to complete the transition into a 21^st century Information Age economy.

How long do you think it will take the U.S. to complete the transition? 1 year? 5 years? More than 10 years?

* This is just the latest blog in a series that I've been writing on the 'Open' Revolution, the American Dream, and America's Future: 2020-2050. If you're interested in the topic, check out the series of blogs at http://americanvision2050.blogspot.com