The nature of virtual organizations and their anticipated social and psychological impacts

Virtual organizations are goal-driven associations of intellectual agents working within the information space. The development of virtual organizations and their agents is a natural continuation of the long movement in western society towards organizing for efficient commerce and communication. For at least 800 years cities and traditional organizations fulfilled these purposes, but now with the advent of high-speed communication and rich interconnectivity, a general diaspora of commerce and education may be expected. All of the technology needed to nurture the rise of virtual organizations is in place, albeit in a primitive form. The authors argue that in the next decade this technology will reach such a level of sophistication that traditional universities and schools with their massive physical assets will no longer be sustainable, and will be replaced by virtual organizations delivering education and training with a minimum of physical infrastructure