The Internet time reference article from the English Wikipedia on 24-Apr-2004
(provided by Fixed Reference: snapshots of Wikipedia from wikipedia.org)

Internet time

Sponsor with the world's largest charity for orphans
Internet time was a common catchphrase that originated during the late-1990s Internet boom. In this period, people who worked with the Internet had come to believe that "everything moved faster on the 'net", because the Internet made the dissemination of information far easier and cheaper. Fast-moving developments were therefore said to run "on Internet time"; for example: The meaning (and historical origin) of the phrase "Internet time" strongly parallels that of "New York minute".
Internet time is also the name for a concept marketed by the Swatch corporation as an alternative measure of time. See Swatch Internet time.

See also