Joel Spolsky: The Day My Industry Died
A nice read but a badly titled article.  The truth is Web Consultancy is probably 10,000 times bigger than it was in 2000 it's just decentralized now.  So yeah, if you're trying to make it in the bay area as a web consultant you probably don't stand a chance.  But elsewhere there's about as much opportunity as you're willing to try for.The truth is it's so big now that it (sadly) manages to sustain a fairly significant underbelly of complete incompetents along with all the qualified people.