The economy in a nutshell... Google buys Motorola. Think about it... a virtual business -- a simple search engine -- is wealthy enough to spend $12.5 billion to purchase a longstanding, successful company that manufactures actual physical goods.
Still wondering where all the jobs are going? Welcome to the virtual world -- much less overhead and much less human resources. If managed correctly, a virtual buiness is proof that less equals more.
Virtual companies can generate huge revenues without ever manufacturing a single physical product. Not to mention the impact this will have on the level of power it gives Google going forward.
Search engines are the future news media -- they will dicatate what we read, what we know, and what we buy. If you thought newspapers, radio, and network tv controled news in the past, the internet will be that on steroids -- just give it a little more time.