For me, unpacking Peter’s reflections starts with thinking a bit more deeply about the economic and social transition that is creating the context for leadership today. The emerging industries of the Next Economy Drucker tells us, will have little to do with our current notions of information technology. They will have more to do with the life sciences. He reminds us that it is not technology that makes a new age of history, it is a new mind-set. Whether a technology changes the world depends on how we think about and use that technology. It is the new metaphor, not the technology per se, that transforms us.