Anyone in the Internet space has to be paranoid. One never knows when a college kid is going to invent something that will blow an established player out of the water. I will not bother to recite such examples, but think Google to Yahoo. Or on my level, think of the microstock revolution and what it has done to selling single Royalty Free images.

Now comes a threat to Photoshop. My colleague at Jupiterimages, Luis Orellana, has pointed me to a terrific report from BBC News Online about a team from Carnegie Mellon University that have developed an alogorithm to help people remove bits of photographs automatically.

As Luis aptly phrased it to me: "One can get the same effects with Photoshop, but the fact that the alogorithm's of the product look for a match for the user to compose the image, eliminating humans to look for something that would take hours if not days...."

It is scary out there!